UK economic property and market review second quarter 2008 [electronic resource]
Language: English Series: GVA Grimley Economic and Property Market Review UK ; Second Quarter 2008Publication details: London GVA Grimley 2008Subject(s): LOC classification:- 333.6324 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 144304-2001 |
Reports that the IPD Monthly Index shows continuing slowdown in rental growth across the commercial property sector. Year-on-year growth fell to 2.5% in May, down from 2.9% in April, continuing the a marked slowdown of recent months. All Property rents have had zero growth between the end of March and the end of May, and are only 0.6% higher than six months ago. The swift downturn in the central London office market is notable. Rents continue to rise in the retail sector, albeit at a weaker and slower rate.