000 01735cai a22002295a 4500
001 L141550
008 071130s2007 xxkad f s 000 0 eng d
035 _a(Sirsi) u141550
041 0 _aeng
050 0 4 _a333.6324 $2 18
110 2 _aGVA Grimley
_93646
245 0 0 _aUK economic property and market review
_bfourth quarter 2007
_h[electronic resource]
260 _aLondon
_bGVA Grimley
_c2007
490 0 _aGVA Grimley Economic and Property Market Review UK
_vFourth Quarter 2007
520 _aReports that the correction to the overpriced commercial property market has now started with capital values declining 3% in Q3 and 2% in Q4. Also reports that that year-on-year capital growth has turned negative, at -0.3% per annum in October. The rate of All Property rental growth increased in Q3 reaching 4.7% per annum, compared with 4.5% per annum in Q2 and 3.3% per annum one year ago. This is largely due to the central London office market, where the rate of growth has risen to 18% per annum, compared with 16.5% per annum in Q2 and 8.3% per annum a year ago. Considers the central London market to have peaked, and expects rental growth in 2008 to fall below 10% per annum. Predicts that despite increased economic growth since Q3, there will be an economic slowdown in 2008, but not a recession. Expects the slowdown to be limited and that property occupier demand will not be greatly affected.
590 _aKA NTK
650 2 4 _aGVA GRIMLEY ECONOMIC AND PROPERTY MARKET REVIEW UK
651 4 _aUnited Kingdom
_y
690 _aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY MARKET
856 4 8 _uhttps://www.gvagrimley.co.uk/
_zView this report free of charge under research at www. gvagrimley.co.uk...
942 _n0
999 _c107697
_d107697