RICS global property survey issue 6 [electronic resource]
Language: English Series: RICS Global Property Survey ; (6) 2007Publication details: London RICS 2007Subject(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 | 151584-2001 |
This issue of the RICS Global Property Survey suggests that investment demand for commercial real estate is expected to stagnate in developed markets due to the global credit crunch. In contrast, investment into emerging markets is projected to continue to rise. Tenant demand for commercial property is projected to rise at a faster pace into 2008 across all world regions outside North America, boosting rents further. Emerging markets are expected to see the largest rises most notably in Asia. Capital values to be hardest hit in the US, particularly New York and Chicago as they feel the impact of the credit turmoil.