Masamuru Ltd.

Investment agency InStaffs reported that the property rates in Staffordshire and Stoke-on-Trent haven’t wavered despite the current economic downturn.

InStaffs said that they had about 1200 areas listed on the availability list which is the highest number for any agency, but only small industrial units have shown most interest. The distribution hubs and big commercial units have remained largely dormant.

The data is the part of the report called Property Market Trends which has studied the commercial property activity of Staffordshire and Stoke-on-Trent for a period of six months from October 2008 thru March 2009. During the same period InStaffs reported an increase in the number of client registrations from 570 in the previous 6 months to 638 in the current period. The property enquiries numbering 1,068 in this period is also a sign of improving situation.

InStaffs CEO, John de Kanter, said that the data collected in the report pointed to the growing interest by the smaller industrial units while it also showed no significant improvement where larger organizations were concerned.

Some of the most sought after shared offices properties according to this report were Rugeley’s Towers Business Park, Norton Canes Business Park, Hawks Green, and the South Staffordshire Business Pal along with Four Ashes Dell site which is located near Wolverhampton.

The smaller industrial units with area less than 3000 sq ft have shown tremendous rate of growth in the interest by 19% for this period of six month as per InStaffs’ report.

This entry was posted on Tuesday, July 21st, 2009 at 7:31 am and is filed under Doing Business, Promotion, Real Estate Portal. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.