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RICS global commercial property survey United Kingdom Q3 2008 [electronic resource]

By: Language: English Series: RICS Global Commercial Property Survey United Kingdom ; Q3 2008Publication details: London Royal Institute of Chartered Surveyors 2008Subject(s): Online resources: Summary: Reveals that business demand for property weakened further in Q3 2008 with weaknesses now starting to appear across many emerging markets, with the net balance of global rents turning negative at a global level for the first time in the survey's history. Reports that investment activity continued to decline in most regions in the third quarter; steep declines in activity were reported for the first time in Emerging Europe, Emerging Asia and across all the commercial property market sectors. Expects outright falls in rents in Emerging Asia, for the first time in the survey's history.

Reveals that business demand for property weakened further in Q3 2008 with weaknesses now starting to appear across many emerging markets, with the net balance of global rents turning negative at a global level for the first time in the survey's history. Reports that investment activity continued to decline in most regions in the third quarter; steep declines in activity were reported for the first time in Emerging Europe, Emerging Asia and across all the commercial property market sectors. Expects outright falls in rents in Emerging Asia, for the first time in the survey's history.