City office market - gloom overdone?
Language: English Series: Property Forecast ; 11(6) June 2008, 4-5(2)Publication details: 2008Subject(s): Summary: Article looks at the downturn in the city office market and looks for glimmers of hope, seeking to compare the market as it stands now with the market in 2007. Points out that demand has risen (particularly among financial services companies) and that yields have remained fairly constant at 5.5%, despite transaction volumes falling. Suggests that the economic downturn has not affected the city significantly and that it is not on a scale with previous property recessions, partly as a result of growth in a variety of other sectors.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L144906 (Browse shelf(Opens below)) | 1 | Available | 144906-1001 |
Article looks at the downturn in the city office market and looks for glimmers of hope, seeking to compare the market as it stands now with the market in 2007. Points out that demand has risen (particularly among financial services companies) and that yields have remained fairly constant at 5.5%, despite transaction volumes falling. Suggests that the economic downturn has not affected the city significantly and that it is not on a scale with previous property recessions, partly as a result of growth in a variety of other sectors.