000 01186cab a22001935a 4500
001 L142991
008 080117s2008 xxkad f s 000 0 eng d
035 _a(Sirsi) u143559
041 0 _aeng
100 1 _aWylie, David
245 0 0 _aOverselling should lead to revearsal of this year's yield correction in 2009
260 _c2008
490 0 _aProperty Forecast
_v11(2) February 2008, 6-7(2)
520 _aAssesses the prospects for the UK commercial property market from 2008 onwards. Argues that the pre-financial crisis market, especially the rise in property values in the five previous years, was an unsustainable market environment. Concludes that the high performance of the property market over the last five years was very much an aberration caused by unusually high capital market liquidity and excessive credit creation. Forecasts that income and capital growth will be reversed, with capital growth much less than rental growth. However, the author does not expect to see falls in rental values of the same size as in the early 1990?s.
590 _aKA
651 4 _aUnited Kingdom
_y
690 _aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY MARKET
942 _n0
999 _c80216
_d80216