The Profit Margin Podcast

Where is the commercial property market headed in 2017?

How will commercial property fare next year?

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2016 has been a year of surprises. On our podcast Declan Flynn from Lisney Estate Agents sums up the year as: "Start-stop. A great start then it slowed down. If you look at retail though, retail has been strong. If you look at the centre of Belfast vacancy rates are down."

Mr Flynn talks about the headwinds facing the property sector in 2017 and why there could be some room for a small amount optimism.

Property lawyer Ross Davidson from Davidson McDonnell solicitors also sees some reasons to be cheerful: "I think in 2017 we will see more transaction levels, especially in the office and hotel sectors. A lot of developments are owned and controlled by funds from elsewhere. They will want to get to an end point in 2017. I think it's going to be a busier time for our commerical property market."?

He does make the point though, that we need to do more to attract further external investors and outlines what steps he thinks need to be taken.

One local firm that is very busy is Flint Studios. It was the only compnay from Northern Ireland that made it onto the Deloitte Technology Fast 500 for Europe, the Middle East and Africa. We've been talking to Jeremy Biggerstaff about the firm's core business and how it plans to expand.

Start-up:

Pitching this week, it's Andrew McMaster from Orange Bison. The start-up is aiming to create a central hub for the global gaming community. Listen to their pitch to hear how they plan to make it work.

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