Simpson Buglass, head of the Aberdeen office and director in the business space agency team, comments: There remains a two tier market
in Aberdeen, with landlords who have committed oil and gas operators into long RPI-linked leases and footloose occupiers who are able to take advantage of attractive rent free periods.
This issue is particularly problematic in areas such as Business Bay and has resulted in a two tier market
, with buildings in multiple ownership commanding lower rents and slower absorption rates than single ownership buildings.
A two tier market
exists with a significant divergence between high and low quality product in terms of quality of location, design, functionality, asset management etc.
However, there is increasing evidence of a two tier market
appearing with values of poorer quality farmland forecast to witness a decline.
We foresee a two tier market
developing between well-designed properties suited to tenant requirements and properties which are poorly designed or built," said Marianne Helme, head of residential leasing, Cluttons Oman.
Over the last couple of years there has been very little development of new Industrial properties and we are now starting to see a two tier market
in South Wales between good quality new or modern accommodation such as Severn Crossing and secondary former manufacturing facilities.
In place of the usual two tier market
, ANM and the English buyers of its meat were having to operate in a three or even four tier market, due to the higher presence of Irish and continental beef.
The trade-off is cost and with a two tier market
evolving, market forces may well dictate how this develops over time.
Another characteristic to emerge in the latter half of 2009 has been a clear two tier market
opening up for commercial property investments.
It has resulted in a two tier market
which can vary by as much as 2 [pounds sterling]/carton.
Jonathan Haward, Managing Director of County Homesearch, said: "We have been indicating the presence of a two tier market
for the majority of this year.
The programs include a two tier Market
Development Fund (MDF) program which allows both resellers and distributors the ability to accrue MDF to help grow their opportunities for making users productive on the Internet.