UK economic property and market review Q1 2010 [electronic resource]
Language: English Series: GVA Grimley Economic and Property Market Review UK ; First Quarter 2010 Publication details: London GVA Grimley 2010Subject(s): LOC classification:- 333.6324 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 149277-2001 |
Economic growth in Q4 2009 was a provisional +0.1% showing little real improvement from the -0.2% achieved in Q3. Output declined by 3.3% over the last 12 months and by 6% during the recession. The occupier market is now past the lowest point in the cycle but demand will improve only gradually and the fall in average UK rental values is not likely to reverse until 2012.The supply/demand imbalance for good quality investment opportunities has continued to exert downward pressure on yields and a strong double-digit return for 2010 is expected.