000 01473cam a2200265 4500
001 ABS68104
008 040831n2004 000 0 eng u
035 _a(Sirsi) u127219
245 _aRoom for optimism on private investors
260 _c2004
490 _aEstates Gazette
_v(0434) 21 August 2004, 47-48(2)
520 _aLooks at the impact the increase in the number of private investors purchasing commercial property at auction is having on the commercial auction market sector. Data from Jones Lang LaSalle/IPD Auction Results Analysis reflects this trend and is represented in a graph. Suggests that cost and availability of finance and performance of investment alternatives are key factors behind this trend. Refers to low interest rates as a contributing factor. Notes that yields have dropped dramatically in recent years in this market sector. Identifies typical private investors as being either a pension provider, wealth generator or trader discussing what each investor is seeking from his/her investment. Graph shows auction room turnover, rental indices and debt yield gap from the fourth quarter 1985 to the fourth quarter 2002.
590 _aABS
590 _aABS
650 _aPROPERTY AUCTIONS
650 _aINVESTMENT
650 _aPERFORMANCE
650 _aYIELDS
650 _aINTEREST RATES
650 _aCOSTS
650 _aRETURNS
650 _aPRIVATE INVESTORS
690 _aCOMMERCIAL PROPERTY-INVESTMENT
942 _n0
999 _c117923
_d117923