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Sentiment static as recovery falters

By: Language: English Series: Property Week ; 77(30) 5 August 2011, 18-19(2) Publication details: 2011Subject(s): Summary: The latest Lloyds Bank Confidence Monitor survey of nearly 450 property professionals shows confidence in the fragile recovery waning in the second half of 2011 with the faltering wider economy and the eurozone crisis as key causes. Fund managers are leading the bleak outlook. Appetite for cross-county investment is poor. Small businesses are trying to avoid leverage. Businesses expect the market to remain static.

The latest Lloyds Bank Confidence Monitor survey of nearly 450 property professionals shows confidence in the fragile recovery waning in the second half of 2011 with the faltering wider economy and the eurozone crisis as key causes. Fund managers are leading the bleak outlook. Appetite for cross-county investment is poor. Small businesses are trying to avoid leverage. Businesses expect the market to remain static.