Investors back later in 2009

THE next six-to-nine months is the optimal time to invest in commercial property, a leading property firm said today.

DTZ predicts that investors will be tempted back into the Scottish market in the second half of 2009 following the decline in values.

Its investment director, Stuart Orr, said that since a peak in June 2007, property values have fallen by up to 35 per cent.

"The next six-nine months is likely to be the optimal time to invest as market pricing may over-correct," he said.