Falling interest rates are giving a boost to the commercial property market, according to Comland Commercial.
It said commercial property was an attractive asset class in a low inflation atmosphere, with the expectation of falling interest rates.
The company posted full-year pretax profit, up from £2.35m to £4.67m, on turnover up from £131,000 to £6.7m.
The shares fell 25p to 450p.
References: Financial Times 05/08/05 page 20, The Times 05/08/05 page 47 (Results in Brief)
