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RICS global commercial property survey United Kingdom Q4 2008 [electronic resource]

By: Language: English Series: RICS Global Commercial Property Survey United Kingdom ; Q4 2008Publication details: London RICS 2008Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Suggests that capital values have fallen across many emerging markets for the first time in the survey?s history, showing that no real estate market has been able to escape the global economic downturn. Those countries which had previously shown some resilience, such as the UAE, China, Turkey and Brazil, have now seen a sharp turnaround in lettings activity which has reduced confidence in the outlook for both capital values and investment interest. Rents are also expected to fall across every world region and investor activity has also fallen as the lack of credit intensifies. Financial instability has led to a sharp re-pricing of risk across emerging markets.
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Item type Current library Call number Copy number Status Barcode
Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 147009-2001

Suggests that capital values have fallen across many emerging markets for the first time in the survey?s history, showing that no real estate market has been able to escape the global economic downturn. Those countries which had previously shown some resilience, such as the UAE, China, Turkey and Brazil, have now seen a sharp turnaround in lettings activity which has reduced confidence in the outlook for both capital values and investment interest. Rents are also expected to fall across every world region and investor activity has also fallen as the lack of credit intensifies. Financial instability has led to a sharp re-pricing of risk across emerging markets.

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