Login to UKBP
Commercial Property News
Cushman & Wakefield predicts global commercial property investment increase
Investment in commercial property is likely to increase on a global scale this year thanks to a recovery in the real estate markets and improved access to funding.
This is according to new report from Cushman & Wakefield, which has predicted that investment volumes around the world will rise 30% in 2010, taking the figure to $478 billion (£317 million).
The firm noted that the business property investment market in the UK is now the second largest in the world behind China having overtaken the US last year.
And it predicted that the country - along with France, Germany and Canada - will be the focus of investors looking to make purchases in "core, more liquid markets" during 2010.
"While challenges clearly remain and a double-dip can not be ruled out, a higher risk appetite among financiers and investors will continue to fire the market," Cushman & Wakefield's David Hutchings remarked, adding that demand for prime commercial property for sale is currently "running ahead of supply".
Investors are also showing an interest in sites outside of London, as a recent report from Cushman & Wakefield showed that investment in regional office space was up 19% in the final six months of 2009.
This is according to new report from Cushman & Wakefield, which has predicted that investment volumes around the world will rise 30% in 2010, taking the figure to $478 billion (£317 million).
The firm noted that the business property investment market in the UK is now the second largest in the world behind China having overtaken the US last year.
And it predicted that the country - along with France, Germany and Canada - will be the focus of investors looking to make purchases in "core, more liquid markets" during 2010.
"While challenges clearly remain and a double-dip can not be ruled out, a higher risk appetite among financiers and investors will continue to fire the market," Cushman & Wakefield's David Hutchings remarked, adding that demand for prime commercial property for sale is currently "running ahead of supply".
Investors are also showing an interest in sites outside of London, as a recent report from Cushman & Wakefield showed that investment in regional office space was up 19% in the final six months of 2009.
Thu, 4th Mar 2010