Hi °C | Lo °C A new report on Northern Ireland's commercial property market has identified Belfast as attractive for new investors.
The report was developed by the University of Ulster in association with Investment Property Databank (IPD) and highlights the resilience of commercial property performance in the region.
The document concluded that despite the most pronounced real estate recession in the history of the commercial property market, there is now objective evidence of good and stable returns on property investment here.
On the report, Social Development Minister Nelson McCausland said: "Uncommonly it bucks the trend of gloomy news. It highlights a number of indicators of the investment potential of Northern Ireland as a region and Belfast as a city over the medium-long term investment period."
Belfast Lord Mayor Gavin Robinson, welcoming the report, added: "It highlights very positive messages, one of the most salient being that Belfast is attractive for new investors."
