Investors cash in on commercial property

INVESTORS are diverting resources from the residential to the commercial property sector in a move which should result in a soft landing in the residential market, according to Real Estate Alliance.

Real Estate Alliance, made up of 40 independent auctioneers firms, said the market in general was steady and buoyant during the first six months of this year.

“The most significant trend to emerge in the past six months is the move by investors towards commercial investments and away from residential property, which indicates a soft landing is on the way for the residential market,” they said.