Jones Lang LaSalle’s latest property forecasts indicate that the sluggish economic recovery is continuing to take a toll on UK commercial property markets.
The UK economy slid back into technical recession in the first quarter of 2012 and is expected to grow by under 0.5% for the whole of 2012, according to latest forecasts. A lack of debt finance, coupled with the on-going uncertainty in the wider Eurozone region has further heightened investor caution………………………………………..Full Article: Source