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Commercial property market outlook July 2010 [electronic resource]

By: Language: English Series: Cluttons Commercial Property Market OutlookPublication details: London Cluttons 2010Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: After the market correction finished in Q1 2010 values rose more slowly in Q2 2010 with yields stabilising in most markets. Reduced supply and rising occupier demand in the offfice sector are encouraging new Central London speculative development. New office building has slumped with the West End seeing the lowest level of construction activity since January 2003. Retail sales fell again in June with more tenants affected by cash flow pressures. About 13% of UK shops are vacant. CBI says manufacturing continues on the recovery path but industrial space on the market is plentiful, particularly large sheds in South Yorkshire.
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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 150485-2001

After the market correction finished in Q1 2010 values rose more slowly in Q2 2010 with yields stabilising in most markets. Reduced supply and rising occupier demand in the offfice sector are encouraging new Central London speculative development. New office building has slumped with the West End seeing the lowest level of construction activity since January 2003. Retail sales fell again in June with more tenants affected by cash flow pressures. About 13% of UK shops are vacant. CBI says manufacturing continues on the recovery path but industrial space on the market is plentiful, particularly large sheds in South Yorkshire.