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Byline: Alf James
OUTLOOK OPTIMISTIC Signs of renewed activity Commercial property is starting to move, but slowly, writes A RECENT report released by the Alliance Group shows that in the third and fourth quarters of this year strong signs of increased commercial sales activity are evident but the market is still far quieter than two years ago.
Alliance's November commercial research report analyses the burgeoning commercial property auction industry. It says investors who can raise financing or have access to cash are seeking value in anticipation of a rebound in property values over the next two years. Aside from increased concerns about tenants, the report shows that a year into the global downturn banks' stricter lending guidelines have …