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The road to recovery learning from the past and looking to the future - July 2010 [electronic resource]

By: Language: English Publication details: [S.l.] BNP Paribas Real Estate, 2010Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Predicts the state of the UK property market in 2012 through an analysis of past recessions. Capital values will remain flat overall until 2012 and rents fairly static. With this recession market values could take until at least 2025 to return to their 2007 peak. Banks should continue to asset manage positions actively using experienced surveyors or property companies to restore value. It is now essential that banks get better at assessing risk and adopt due diligence properly across the sector.
Holdings
Item type Current library Call number Copy number Status Barcode
Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 150471-2001

Predicts the state of the UK property market in 2012 through an analysis of past recessions. Capital values will remain flat overall until 2012 and rents fairly static. With this recession market values could take until at least 2025 to return to their 2007 peak. Banks should continue to asset manage positions actively using experienced surveyors or property companies to restore value. It is now essential that banks get better at assessing risk and adopt due diligence properly across the sector.