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RICS commercial market survey first quarter 2008 [electronic resource]

By: Language: English Series: RICS Commercial Market Survey ; First Quarter 2008Publication details: London RICS 2008Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Reports that the balance of surveyors reporting demand for commercial property fell at the fastest rate for over six years to an eight year low. New occupier enquiries also fell across all sectors for the second consecutive month and at a faster pace. The office sector has been the worst hit. 35% more Chartered Surveyors reported a fall than a rise in new enquiries for offices, down from 13% in the last quarter. Surveyors continue to be pessimistic about the future. Confidence in activity fell across all sectors, but especially in retail which fell to a record low.
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Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 143537-2001

Reports that the balance of surveyors reporting demand for commercial property fell at the fastest rate for over six years to an eight year low. New occupier enquiries also fell across all sectors for the second consecutive month and at a faster pace. The office sector has been the worst hit. 35% more Chartered Surveyors reported a fall than a rise in new enquiries for offices, down from 13% in the last quarter. Surveyors continue to be pessimistic about the future. Confidence in activity fell across all sectors, but especially in retail which fell to a record low.