Office threat 'less in city'

THE Edinburgh office market won't be affected as badly as other parts of the UK by public sector austerity measures, say property experts.

There are growing concerns that cutbacks will affect commercial property, but Ben Reed, director of office agency at Jones Lang LaSalle, said: "We anticipate that demand will reduce as austerity measures take hold.

"However, Edinburgh, unlike many other UK regions, has a relatively small exposure to public sector employment."

Related topics: