Commercial sector suffers yield dip

INVESTMENT returns on Scottish commercial property dipped in the first quarter of 2011, with an expectation that the market will remain subdued for the rest of the year, property agency CBRE said.

Overall, the total return from all commercial property in Scotland was 1.9 per cent, compared to 2.1 per cent in Q4 2010. The strongest sector was industrial property which yielded 2.1 per cent.