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Soft landing for commercial rents

Series: RICS Press Release ; (pr150) 20 November 2001, (2)Publication details: 2001Subject(s): Summary: RICS publishes its first forecast for rental movements in the UK commercial property sector in the next two years. It predicts commercial property rental growth will be reduced to 2.5% in 2002 before recovering to 3.1% in 2003. Economic slowdown is the key factor to the limiting of growth but the danger of rental falls is much less than in the early 1990s recession.

RICS publishes its first forecast for rental movements in the UK commercial property sector in the next two years. It predicts commercial property rental growth will be reduced to 2.5% in 2002 before recovering to 3.1% in 2003. Economic slowdown is the key factor to the limiting of growth but the danger of rental falls is much less than in the early 1990s recession.