| Based on preliminary direct commercial property transaction volume figures released this week by Jones Lang LaSalle Capital Markets Research, it was a subdued first quarter of 2012 with recorded volumes down compared to the same period in 2011.
All major commercial property markets globally recorded a quieter start to the year after a very active 2011, particularly in the final quarter. Also, substantial one-off transactions in established markets, such as the sale of the Trafford Centre Shopping Centre in the United Kingdom for US$2.6 billion that enhanced volumes in Q1 2011 were not repeated in Q1 2012, leading to a fall in total volumes recorded...............................................Full Article: Source |