Property sector to take hit from spending cuts
Dec 8 2010 by Peter McCusker, The Journal
North East experts Michael Cuthbertson and Graeme Harker reflect on the last 12 months in the region’s commercial property market.
Fulfilling a need is the way forward
If it wasn’t for the immediately preceding 12 months, it would be hard to think of a more difficult year than the one that the UK construction and commercial property industries have just endured.
The list of well-known companies, such as Connaught and Rok, that have got into difficulty, been forced to reduce drastically in size or even have disappeared altogether has seemed almost endless, and that’s without considering all the suppliers to these firms that have fallen by the wayside as a result.
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