The latest DAFT report is out covering rents, and PE's Michael Taft has written the quarterly commentary. The headline news is that rents have 'stabilised' and have started to rise - though whether this presages a long-term upward trend remains to be seen. However, the commentary goes behind the numbers to examine a
' . . . fragmented, under-capitalised 'cottage' industry lacking the professionalism and modern synergy with a strong regulatory culture that prevails in other EU countries.'
The full report and commentary can be downloaded here.