New report details commercial property mortgage outlook
14 August 2009
Written by Michael Aglony
CB Richard Ellis (CBRE) Research and Consulting has released a report that will have implications for those with commercial mortgages.
Its Global MarketView analyses the latest global economic and commercial property trends.
Some regions across the world are showing signs of improvement in this sector of the property industry, it notes.
While there have been signs of improvement in London as investment market activity has quickened, there are no such indications in the US.
Meanwhile, more investment sales have been noted in the Asian markets and there have been reports of stabilisation in the Pacific region.
Office leasing activity in Europe as a whole apparently remains "very subdued".
CBRE's publication, which is entitled Back From The Brink...But What Next?, comes after the group revealed last week that the commercial property sector in the UK changed for the better last month as property values increased.
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