RICS global distressed property monitor [electronic resource] Q2 2011
RICS global distressed property monitor Q2 2011 [electronic resource]
- London RICS 2011
- RICS Global Distressed Property Monitor Q2 2011 .
The Q2 RICS Distressed Property Monitor shows the level of distressed properties coming to market continuing to rise globally. Fifteen of the 25 countries reported on indicated the supply of distressed property was expected to increase in Q3 2011, most prominently in the Republic of Ireland followed by Spain, Italy, Hungary and Portugal. Respondents in Africa and the Middle East expect more distressed sales next quarter compared to last. In contrast, commercial real estate markets appear more stable in non-Japan Asia, Latin America and Russia where the expected supply of foreclosed properties is set to decline.
International
333.33 $2 18
The Q2 RICS Distressed Property Monitor shows the level of distressed properties coming to market continuing to rise globally. Fifteen of the 25 countries reported on indicated the supply of distressed property was expected to increase in Q3 2011, most prominently in the Republic of Ireland followed by Spain, Italy, Hungary and Portugal. Respondents in Africa and the Middle East expect more distressed sales next quarter compared to last. In contrast, commercial real estate markets appear more stable in non-Japan Asia, Latin America and Russia where the expected supply of foreclosed properties is set to decline.
International
333.33 $2 18