Image from Google Jackets

European view update August 2008 [electronic resource]

By: Language: English Publication details: [S.l.] ING Global Real Estate 2008Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Reports that due to the economic slowdown, office take-up levels are expected to fall further, as are rent levels, although outlooks vary across markets and retail types. Finds that lettings activity in the logistics market remains brisk in European Distribution Centre locations, but is on hold in more regionally orientated markets. Due to the credit crunch, upward yield shifts have occurred in office markets, but retail and industrial are now following. Concludes that although returns on core properties are expected to be low in future, investors are seeking opportunities in distressed or re-priced assets.

Reports that due to the economic slowdown, office take-up levels are expected to fall further, as are rent levels, although outlooks vary across markets and retail types. Finds that lettings activity in the logistics market remains brisk in European Distribution Centre locations, but is on hold in more regionally orientated markets. Due to the credit crunch, upward yield shifts have occurred in office markets, but retail and industrial are now following. Concludes that although returns on core properties are expected to be low in future, investors are seeking opportunities in distressed or re-priced assets.

Previous
Back to results
Next
Close