03.11.2011 - Global commercial property sentiment sinks in 3Q - RICS
Commercial property prospects around the world weakened in the third quarter of this year as a growing number of countries reported negative sentiment among businesses as demand from tenants fell in more than half the respondent countries, a survey showed Wednesday. According to the quarterly global commercial property survey conducted by the Royal Institution of Chartered Surveyors, the amount of available space far outweighed demand for it in over half of those countries surveyed. The survey showed saw business confidence in the sector declined, while expectations for rents in the fourth quarter also fell...............................................Full Article: Source
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