UK economic property and market review [electronic resource] first quarter 2008
UK economic property and market review first quarter 2008 [electronic resource]
- London GVA Grimley 2008
- GVA Grimley Economic and Property Market Review UK First Quarter 2008 .
Reports that there was only a slight economic slowdown in Q4 2007, with growth somewhat below trend at 0.6% or 2.3% annualised. Forecasts weaker economic growth in 2008, but expects continued economic expansion. The All Property rental growth has continued to slacken, to 3.35% year-on-year in January, compared with 3.9% in the previous quarter. Expects a slowdown in the rate of rental growth across the UK commercial property sector in 2008, especially the central London office market. Suggests that total returns on commercial property will be about -5% in 2008, compared to -3.4 in 2007.
GVA GRIMLEY ECONOMIC AND PROPERTY MARKET REVIEW UK
United Kingdom--
333.6324 $2 18
Reports that there was only a slight economic slowdown in Q4 2007, with growth somewhat below trend at 0.6% or 2.3% annualised. Forecasts weaker economic growth in 2008, but expects continued economic expansion. The All Property rental growth has continued to slacken, to 3.35% year-on-year in January, compared with 3.9% in the previous quarter. Expects a slowdown in the rate of rental growth across the UK commercial property sector in 2008, especially the central London office market. Suggests that total returns on commercial property will be about -5% in 2008, compared to -3.4 in 2007.
GVA GRIMLEY ECONOMIC AND PROPERTY MARKET REVIEW UK
United Kingdom--
333.6324 $2 18