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RICS UK commercial market survey Q2 2011 [electronic resource]

By: Language: English Series: RICS Commercial Market Survey United Kingdom ; Q2 2011Publication details: London RICS 2011Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: The London office market continues to outperform the rest of the UK. Occupier demand and availability increasing nationally at broadly the same pace. The London office sector rental outlook is buoyed by rising occupier demand and falling availability. Rental outlook for retail and industrial while much weaker than offices is also stronger in London than elsewhere highlights that moderate increases in both occupier demand and availability took place during Q2. However, rental value expectations remain negative at the all property level albeit only moderately. Capital value expectations remain in negative territory despite a second successive increase in investment demand.

The London office market continues to outperform the rest of the UK. Occupier demand and availability increasing nationally at broadly the same pace. The London office sector rental outlook is buoyed by rising occupier demand and falling availability. Rental outlook for retail and industrial while much weaker than offices is also stronger in London than elsewhere highlights that moderate increases in both occupier demand and availability took place during Q2. However, rental value expectations remain negative at the all property level albeit only moderately. Capital value expectations remain in negative territory despite a second successive increase in investment demand.