Real estate investment forecasts third quarter 2008 [electronic resource]
Language: English Series: Real Estate Investment Forecasts ; Third Quarter 2008Publication details: London Colliers CRE 2008Subject(s): LOC classification:- 333.33 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 145766-2001 |
Forecasts all property total returns of -10.9% in 2008, with capital values falling by 15.9%. In 2009, total returns are expected to recover to 3.8%, with further improvement in 2010 to 7.2%. Reports that the retail sector has suffered the greatest capital value decline to date and expect rents to fall further. Reports that industrial occupiers are delaying relocation decisions, investment transactions are muted and yields have risen above 8% in most non-prime locations. Land prices for development continue to fall.