Property snapshot [electronic resource] May 2009
Property snapshot May 2009 [electronic resource]
- London Colliers 2009
- Property Snapshot May 2009 .
Reports that GDP contracted by 1.9% in Q1 2009, which was not as strong as expected. Current forecasts are for GDP growth of around -4% in 2009. In relation to the commercial property market, transactions fell in April, down to £644m from £2.2bn in March. The number of deals also dropped from 86 to 52, with the average deal size also falling to £12.1m in April from £20.1m in Q1 2009.
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COLLIERS PROPERTY SNAPSHOT
United Kingdom--
333.33 $2 18
Reports that GDP contracted by 1.9% in Q1 2009, which was not as strong as expected. Current forecasts are for GDP growth of around -4% in 2009. In relation to the commercial property market, transactions fell in April, down to £644m from £2.2bn in March. The number of deals also dropped from 86 to 52, with the average deal size also falling to £12.1m in April from £20.1m in Q1 2009.
Advanced
COLLIERS PROPERTY SNAPSHOT
United Kingdom--
333.33 $2 18