RICS commercial property forecast [electronic resource] 2007-08
RICS commercial property forecast 2007-08 [electronic resource]
- London RICS 2007
- RICS UK Commercial Property Forecast 2007-08 .
Forecasts investor returns in the commercial property sector to more than halve to 8% in 2007, and slow further to 5% in 2008. The listed property market signals larger declines in prime commercial property prices in 2008, although RICS believes this is overly negative. The office sector will experience the greatest rental growth, reaching between 8-9%. Caution in the retail sector will keep retail rental growth down to slightly above inflation, and industrial rents will continue to under perform.
RICS UK COMMERCIAL PROPERTY FORECAST
United Kingdom--
333.33 $2 18
Forecasts investor returns in the commercial property sector to more than halve to 8% in 2007, and slow further to 5% in 2008. The listed property market signals larger declines in prime commercial property prices in 2008, although RICS believes this is overly negative. The office sector will experience the greatest rental growth, reaching between 8-9%. Caution in the retail sector will keep retail rental growth down to slightly above inflation, and industrial rents will continue to under perform.
RICS UK COMMERCIAL PROPERTY FORECAST
United Kingdom--
333.33 $2 18