RICS commercial market survey second quarter 2008 [electronic resource]
Language: English Series: RICS Commercial Market Survey ; Second Quarter 2008 Publication details: London RICS 2008Subject(s): LOC classification:- 333.33 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 144458-2001 |
Reports that the market downturn is intensifying as the economy slows down. Finds that tenant demand for commercial property fell at the fastest rate in the survey's history (i.e. since 1998) in the second quarter of 2008. Reports an increase in the amount of available floorspace in the second quarter across all sectors. Confidence in the outlook for occupier demand and rents hit an all-time survey low. Lease lengths fell at the fastest rate since the survey began. Overall, the South and South East are the best performing regions in England and Wales; the North the worst, followed by London.