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Property snapshot July 2010 [electronic resource]

By: Language: English Series: United Kingdom Property Snapshot ; July 2010Publication details: London Colliers 2010Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Fears of renewed economic weakness remain despite the emergency Budget. Summer and re-assessment by funds of risk/return assumptions have slowed the investment market especially for secondary assets. Some retail occupiers are seeing reasonable sales growth with London again outperforming the rest of the UK. City Grade A demand remains strong with rising rents and the West End stable but few signs yet of further rental growth. Increasing confidence in the logistics/industrial is apparent but few transactions have taken place. Residential prices are plateauing with limited falls possible but the development market is hampered by lack of finance.

Fears of renewed economic weakness remain despite the emergency Budget. Summer and re-assessment by funds of risk/return assumptions have slowed the investment market especially for secondary assets. Some retail occupiers are seeing reasonable sales growth with London again outperforming the rest of the UK. City Grade A demand remains strong with rising rents and the West End stable but few signs yet of further rental growth. Increasing confidence in the logistics/industrial is apparent but few transactions have taken place. Residential prices are plateauing with limited falls possible but the development market is hampered by lack of finance.

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