| Most commercial property markets around the world remain robust, in spite of the recent economic ‘soft patch’, finds the Q2 2011 RICS Global Commercial Property Survey. Occupier and investment market outlook strongest in non-Japan Asia and parts of Central and Eastern Europe. New development starts rise most sharply in Brazil, Malaysia, Russia and Poland.
Te report indicates that the majority of countries surveyed witnessed positive growth in occupier and investment demand as well as in development starts during Q2 2011 despite further increases in energy costs. In addition, the survey paints an optimistic picture for the next quarter, with the majority of countries reporting positive rental and capital value expectations and more than three quarters of respondents also expecting investment demand to grow. (Press Release) |