News - Midlands
Birmingham investment market good value, says DTZ
A rare combination of events means that Birmingham property investors with a long-term view can expect better-than-historical returns, according to research from property adviser DTZ. Geoff Thomas, Birmingham-based regional chairman, said: "For investors with a ten-year holding period, prime Birmingham office yields are set to surpass fair value for the first time since 1999, offering an expected return of around 8.5 per cent, the most attractive prospective return since 2001." DTZ assesses fair value by first looking at the returns an investor could expect over their chosen time horizon and chosen market given the yield currently available in the market and likely future capital value growth.