Glasgow city report [electronic resource] Spring 2009
Glasgow city report Spring 2009 [electronic resource]
- [Glasgow] Jones Lang LaSalle 2009
- Jones Lang Lasalle Glasgow City Report Spring 2009 .
Reports that total returns for 2008 were substantially below those for 2007, at -22.1%, compared to -3.7% in 2007. This is the lowest return since the start of the IPD Index. Although the industrial sector remained stable in 2008, there was a slow down in take up towards the end of the year. In the office sector, take up was low, although vacancy rates were also low due to lack of supply. In the retail sector, rents remained stable or fell slightly, with letting activity focussed on particular streets. Also looks at the leisure market and development land.
JONES LANG LASALLE GLASGOW CITY REPORT
Glasgow
333.33 $2 18
Reports that total returns for 2008 were substantially below those for 2007, at -22.1%, compared to -3.7% in 2007. This is the lowest return since the start of the IPD Index. Although the industrial sector remained stable in 2008, there was a slow down in take up towards the end of the year. In the office sector, take up was low, although vacancy rates were also low due to lack of supply. In the retail sector, rents remained stable or fell slightly, with letting activity focussed on particular streets. Also looks at the leisure market and development land.
JONES LANG LASALLE GLASGOW CITY REPORT
Glasgow
333.33 $2 18