04.11.2011 - Global real estate markets begin to feel effects of softening economy
The global real estate market has begun to feel the effects of the softer macro economic environment, finds the Q3 2011 RICS Global Commercial Property Survey. According to the report, more countries indicated fewer investment enquiries and development starts this quarter than in Q2 2011, while available space rose considerably across the countries surveyed. In addition, negative sentiment colours the global outlook for Q4 2011 with almost two-thirds of countries reporting negative rental and capital value expectations and nearly two-fifths reporting an expected decline in investment demand...............................................Full Article: Source
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