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RICS commercial property forecast December 2008 [electronic resource]

By: Language: English Series: RICS UK Commercial Property Forecast ; December 2008Publication details: London RICS 2008Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Total annual returns for commercial property for 2008 are set to fall back to 2006 levels. Forecasts property returns will fall further in 2009 although at a slower pace than in 2008. Suggests that rising defaults and credit spreads will prevent a near term recovery, resulting in a sluggish investment market. Considers that tenant demand is likely to remain subdued in 2009 and 2010, pushing rents sharply down.
Holdings
Item type Current library Call number Copy number Status Barcode
Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 146228-2001

Total annual returns for commercial property for 2008 are set to fall back to 2006 levels. Forecasts property returns will fall further in 2009 although at a slower pace than in 2008. Suggests that rising defaults and credit spreads will prevent a near term recovery, resulting in a sluggish investment market. Considers that tenant demand is likely to remain subdued in 2009 and 2010, pushing rents sharply down.