Office sector holds firm among the negative headlines
Patterson, Alan
Office sector holds firm among the negative headlines - 2007 - Property Forecast July 2007, 4-5(2) .
Reports that there is some evidence of a slowdown in the commercial property market. Poorer short term prospects are evident in the retail sector, where IPD figures show that capital value growth (0.5%) is significantly lower that rental value growth (1.9%). In addition, the property equity sector has negatively responded to factors other than property. However, the fundamentals in the office sector remain good, with strong rental value growth (8.5% quarter to June, annualised) and capital value growth (8.9%).
United Kingdom--
Office sector holds firm among the negative headlines - 2007 - Property Forecast July 2007, 4-5(2) .
Reports that there is some evidence of a slowdown in the commercial property market. Poorer short term prospects are evident in the retail sector, where IPD figures show that capital value growth (0.5%) is significantly lower that rental value growth (1.9%). In addition, the property equity sector has negatively responded to factors other than property. However, the fundamentals in the office sector remain good, with strong rental value growth (8.5% quarter to June, annualised) and capital value growth (8.9%).
United Kingdom--