Pace of decline in global capital values accelerates

Citation

(2009), "Pace of decline in global capital values accelerates", Structural Survey, Vol. 27 No. 5. https://doi.org/10.1108/ss.2009.11027eab.012

Pace of decline in global capital values accelerates

Article Type: Newsbriefs From: Structural Survey, Volume 27, Issue 5

Keywords: Commercial property, Trends, Worldwide

RICS Global Commercial Property Survey suggests that the pace of decline in capital values accelerated in the first quarter with countries in both Western Europe and emerging Europe hit by price falls. France, The Netherlands and the Republic of Ireland saw capital values drop significantly, with real estate professionals in these countries the most pessimistic regarding the near term price outlook. Respondents expect little easing in the pace of price declines in these markets, although some moderation in price falls is expected in Spain and the UK. Prices are also falling in most emerging markets.