Julian Stocks, Head of Capital Markets England, Jones Lang LaSalle said: “2009 has been a year of two halves. The first six months of the year were characterised by low investment volumes, falling prices and worsening occupational markets. However, over the second half of the year investor sentiment dramatically changed and a confidence formed over the summer resulting in demand for stock outstripping supply. This wave of optimism has resulted in higher prices and rising activity.”
Saturday, December 12, 2009
Direct investment in UK commercial real estate to stand at c. £23bn in 2009
- Jones Lang LaSalle expects total direct investment in commercial real estate in the UK to total around £22bn - £23bn by the end of 2009, which is comparable with turnover in 2001. Compared with 2008’s total of £21bn, this represents a 10% rise.
Julian Stocks, Head of Capital Markets England, Jones Lang LaSalle said: “2009 has been a year of two halves. The first six months of the year were characterised by low investment volumes, falling prices and worsening occupational markets. However, over the second half of the year investor sentiment dramatically changed and a confidence formed over the summer resulting in demand for stock outstripping supply. This wave of optimism has resulted in higher prices and rising activity.”
Julian Stocks, Head of Capital Markets England, Jones Lang LaSalle said: “2009 has been a year of two halves. The first six months of the year were characterised by low investment volumes, falling prices and worsening occupational markets. However, over the second half of the year investor sentiment dramatically changed and a confidence formed over the summer resulting in demand for stock outstripping supply. This wave of optimism has resulted in higher prices and rising activity.”
