000			01482cad a22002175a 4500
001			L156470
008			120528s2012 xxk 000 0 eng d
035			_a(Sirsi) u156470
041	0		_aeng
110	2		_aGVA _95945
245	0	0	_aEPMR economic and property market review _bQ2 2012 _h[electronic resource]
260			_aLondon _bGVA _c2012
490		0	_aGVA EPMR Economic and Property Market Review _vQ2 2012
520			_aEconomic output shrank 0.25% in Q1 2012 following a 0.3% fall in Q4 2011. Persistently high overall inflation has meant a steep fall in incomes in real terms. Employment growth has been mildly encouraging over the last six months. The economic outlook will inevitably be weak in the short term. Occupier demand has remained subdued across most of the commercial property market. GVA forecasts for rental value growth are now down to 0.3% in 2012 and 0.6% in 2013. Commercial property transactions have averaged £7.6bn per quarter over the last year. Polarisation between prime and secondary property continues.
520			_aEconomic trends -- commercial property market: recent occupier market trends; outlook for occupier market performance -- investment market commentary: recent investment performance; investment market outlook.
590			_aKA
651		4	_aUnited Kingdom
690			_aCommercial property _96227
856	4	0	_uhttps://www.gva.co.uk/research/economic-and-property-market-review/ _zView the report at www.gva.co.uk
942			_n0
999			_c84029 _d84029