Tougher trading conditions in sight
Tougher trading conditions in sight
- 2000
- Yorkshire Post 26 October 2000, 20(1) .
According to the latest review of the economy and property markets by the RICS, tenant demand for commercial property looks set to slow. Although there have been large rental increases in London and the South East, this is likely to be an upward correction for those retailers who have paid below-market rents after benefiting from the rental deflation of the early Nineties and the outlook for rental growth is a further slowing down into 2001.
FORECASTS
DEMAND
PROPERTY-COMMERCIAL PROPERTY-RETAIL PROPERTY-RETAIL PROPERTY MARKET
PROPERTY-COMMERCIAL PROPERTY-OFFICE PROPERTY-OFFICE PROPERTY MARKET
INDUSTRIAL MARKET
RENTAL GROWTH
CHARTERED INSTITUTE OF PURCHASING AND SUPPLY
INSIGNIA RICHARD ELLIS
MERRILL LYNCH
KNIGHT FRANK
According to the latest review of the economy and property markets by the RICS, tenant demand for commercial property looks set to slow. Although there have been large rental increases in London and the South East, this is likely to be an upward correction for those retailers who have paid below-market rents after benefiting from the rental deflation of the early Nineties and the outlook for rental growth is a further slowing down into 2001.
FORECASTS
DEMAND
PROPERTY-COMMERCIAL PROPERTY-RETAIL PROPERTY-RETAIL PROPERTY MARKET
PROPERTY-COMMERCIAL PROPERTY-OFFICE PROPERTY-OFFICE PROPERTY MARKET
INDUSTRIAL MARKET
RENTAL GROWTH
CHARTERED INSTITUTE OF PURCHASING AND SUPPLY
INSIGNIA RICHARD ELLIS
MERRILL LYNCH
KNIGHT FRANK