Monday, March 10, 2008
Tumbleweed blownig down a high street near you soon…
Commercial property transactions for Q1 2008 on target for a 50% crash compared with Q4 2007
"Deal volumes continued to wane in the commercial property sector in the first two months of the year with transactions for Q1 2008 on target for a 50% dip compared to an already weak Q4 2007. Whilst most investors continued to divest (most notably institutions) so far in 2008, a notable exception has been overseas investors who have pumped a net £1.3 Bn into the market since the turn of the year. European investors buoyed by a strong Euro may have sensed a strategic opportunity to diversify into the UK arena.
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Landedgentry says:
damn, who the hoodies gonna mug in the high street???