Six reasons to steer clear of UK commercial property

“Buy like hell”. That was the advice from one investment veteran last week. He wasn’t talking about shares, bonds or commodities. He wasn’t even talking about some wacky new product thought up by the City’s black box brigade. No, he was telling punters to pile into good old boring British commercial property. And you can see why he might be tempted. Despite a rally in commercial property prices over recent months, values are still a long way below the peaks of three years ago. So is his advice right? Or should you wait a while longer?