Real estate investment forecasts [electronic resource] third quarter 2008
Real estate investment forecasts third quarter 2008 [electronic resource]
- London Colliers CRE 2008
- Real Estate Investment Forecasts Third Quarter 2008 .
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.
United Kingdom--
333.33 $2 18
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.
United Kingdom--
333.33 $2 18