Property recruitment 'to slow down'

Property recruitment 'to slow down' Graduates who were thinking about entering the property sector may want to consider alternative options, as recruitment in the industry is set to slow down.

Many commercial property agencies have said that the ongoing implications of the credit crunch mean they will have to reduce their intake, reports Recruiter.

A study from web recruitment solutions company cvmail indicated that some 73 per cent of commercial property agencies in the UK intend to decrease or maintain their employee levels next year.

However, 27 per cent of respondents did say they planned to increase their staff levels over the next 12 months.

Andy Eddleston, commercial manager at cvmail, said: "The slowdown in commercial property transactions appears to have shaken commercial property agents and so we are seeing a widespread pause to their expansion."

Cvmail is a provider of a provider of web-based recruitment and talent management solutions to law firms in Australia and the UK.

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