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Property Snapshot, February 2010 (PDF 222KB)
URL for PDF: /documents/Research-MarketOverview/rese_propertySnapshot_0210.pdf
Spare capacity in the economy may be overstated. Off market deals being reported in the absence of marketed stock. Manufacturing PMI confidence is the highest since 1994. Leasing shows profound disconnect between London and regions.
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Property Snapshot, January 2010 (PDF 219KB)
URL for PDF: /documents/Research-MarketOverview/rese_propertySnapshot_0110.pdf
Deflation risks may be retreating; little sign that the mini gold rush for prime investments is abating; Christmas trading results better than expected; Logistic and industrial demand still limited to rationalisation and opportunistic upgrading.
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Property Snapshot, December 2009 (PDF 230KB)
URL for PDF: /documents/Research-MarketOverview/rese_propertysnapshot_1209.pdf
Benign monetary environment is set to continue. Investors may have paused to reflect on Dubai World's announcements. Value retailers remain acquisitive; midmarketers, opportunistic. Industrial leasing demand likely to reach 80m sq ft in 2009 (a fall of 35% on 2008).
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Property Snapshot, November 2009 (PDF 220KB)
URL for PDF: /documents/Research-MarketOverview/rese_propertySnapshot_1109.pdf
Money markets suggest rate rise as early as May 2010. Net real estate lending figures fell again in Q3 09 by £1.7bn. Retail leasing market still riddled with puzzling array of incentive packages. Housebuilders are showing renewed interest in development sites.
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Property Snapshot, October 2009 (PDF 142KB)
URL for PDF: /documents/Research-MarketOverview/Property_Snapshot_Oct09.pdf
Most indicators continue to improve, although 'sustainability of the recovery' is the key phrase as numerous uncertainties remain, as much for the general economy, as for the property market in particular.
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Property Snapshot, September 2009 (PDF 213KB)
URL for PDF: /documents/rese_propertySnapshot_0909.pdf
Confidence indicators improved significantly in August. Increasingly there is a disparity between prime and secondary. Retail trade and consumer confidence indicators continue to improve. The residential auction frenzy has subsided for the moment.
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Property Snapshot, August 2009 (PDF 174KB)
URL for PDF: /documents/Research-MarketOverview/rese_propertySnapshot_0809.pdf
Banks continue to reduce loan exposures, especially to real estate. Retail trade and consumer confidence indicators continue to improve. House price growth for 2009 may finish the year in positive territory.
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Property Snapshot, July 2009 (PDF 219KB)
URL for PDF: /documents/Research-MarketOverview/rese_propertysnapshot_0709.pdf
Service sector confidence still negative, but continues to improve. Finance conditions showing few signs of improvement. Net effective retail rents have fallen by 12.2% since June 2008. The BoE survey shows improved mortgage availability in Q3 09.
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Property Snapshot, June 2009 (PDF 176KB)
URL for PDF: /documents/Research-MarketOverview/rese_propertysnapshot_0609.pdf
Lack of product is replacing lack of finance as the main impediment to increased market transactions. Buyers outnumber sellers by a wide margin, especially for properties with long leases and secure income. The institutions are back in the market with several purchases across the sectors.
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Property Snapshot, May 2009 (PDF 301KB)
URL for PDF: /documents/Research-MarketOverview/rese_propertysnapshot_0509.pdf
GDP contracted by 1.9% over Q1 09. The result was weaker than expected and has undermined confidence in the assumptions underlying the government's budget. Latest forecasts suggest GDP growth in 2009 of near -4%.
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Property Snapshot, April 2009 (PDF 223KB)
URL for PDF: /documents/Research-MarketOverview/rese_propertysnapshot_0409.pdf
Economic sentiment drifted somewhat lower in March, although consumer confidence improved. Investment transactions and lending still very limited.
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Property Snapshot, March 2009 (PDF 383KB)
URL for PDF: /documents/Research-MarketOverview/rese_propertySnapshot_0309.pdf
General sentiment weakened further in February; meanwhile government policies seem more aggressive, at least in tone. The few positive trends in the property markets are not yet decisive, but we will monitor carefully over the next month.
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Anatole Kaletsky economic briefing, February 2009 (PDF 203KB)
URL for PDF: /documents/Research-MarketOverview/rese_AnatoleKaletskybriefing_0209.pdf
Colliers CRE held its annual economics and forecasting briefing on 24 February 2009 with a seminar from renowned economist and journalist, Anatole Kaletsky. Here is a summary of his presentation.
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Property Snapshot, February 2009 (PDF 275KB)
URL for PDF: /documents/Research-MarketOverview/rese_propertysnapshot_0209.pdf
Sentiment continues to deteriorate. Claimant count highest since January 2000 but still well below early 1990s. Redemptions may be playing a greater role in sales.
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Property Snapshot, January 2009 (PDF 254KB)
URL for PDF: /documents/Research-MarketOverview/rese_propertysnapshot_0109.pdf
Economic sentiment curve flat in December, but remains very negative. BoE Credit Conditions Survey indicates a further reduction in lending to commercial real estate sector.
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Ireland Property Snapshot, Q3 2008 (PDF 1,364KB)
URL for PDF: /documents/Research-MarketOverview/rese_irelandpropertysnapshot_q308.pdf
After a fall of 1.5% y/y in Q1 08, Irish GDP fell by an additional 0.8% in Q2 08 putting the Irish economy officially in recession, explained by decreases in consumer spending, capital investment and contraction in the construction industry.
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Property Snapshot, December 2008 (PDF 78KB)
URL for PDF: /documents/Research-MarketOverview/rese_propertysnapshot_1208.pdf
Economic confidence continues to deteriorate. Inter-bank lending market returning to pre-Lehman levels.
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Bristol Market Overview, Autumn 2008 (PDF 1,044KB)
URL for PDF: /documents/Research-MarketOverview/rese_BristolMarketOverview_q408.pdf
Bristol is developing the creative people and networks critical to economically successful city-regions.
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Property Snapshot, November 2008 (PDF 245KB)
URL for PDF: /documents/Research-MarketOverview/rese_PropertySnapshot_1108.pdf
Services surveys suggest Q4 GDP will contract by at least as much as in Q3. Banks are asking investors not to draw down on agreed facilities. Year-end valuations expected to see large shift towards actual market pricing.
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Property Snapshot, October 2008 (PDF 248KB)
URL for PDF: /documents/Research-MarketOverview/rese_propertySnapshot_1008.pdf
Sentiment indictors suggest that the UK economy is contracting. Bank lending to commercial property has come to a virtual halt. Retail administrations are becoming a feature of the market, both in-town and out-of-town.
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Property Snapshot, September 2008 (PDF 244KB)
URL for PDF: /documents/Research-MarketOverview/rese_PropertySnapshot_0908.pdf
Q2 GDP growth revised to 0.0%. Growing likelihood of recession over end 2008 and early 2009.
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Property Snapshot, August 2008 (PDF 246KB)
URL for PDF: /documents/Research-MarketOverview/rese_propertysnapshot_0808.pdf
Q2 GDP growth fell to 0.2%. Service sectors remain expansionary; industrial sectors contracting. Anxiety among retailers is increasing significantly.
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Manchester Market Overview, Summer 2008 (PDF 1,018KB)
URL for PDF: /documents/Research-MarketOverview/rese_ManchesterOverview_q308.pdf
The improving office and retail offer in Manchester ensures it remains a leading city in which to do business.
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Property Snapshot, July 2008 (PDF 225KB)
URL for PDF: /documents/Research-MarketOverview/rese_PropertySnapshot_0708.pdf
Business confidence at lowest level since UK's withdrawal from the ERM. Pricing mismatch between vendors and purchasers remains.
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Property Snapshot, June 2008 (PDF 230KB)
URL for PDF: /documents/Research-MarketOverview/rese_propertysnapshot_0608.pdf
Monthly update on the UK economy and property markets.
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Property Snapshot, May 2008 (PDF 226KB)
URL for PDF: /documents/Research-MarketOverview/rese_propertysnapshot_0508.pdf
Monthly update on the UK economy and property markets.
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Property Snapshot, April 2008 (PDF 227KB)
URL for PDF: /documents/Research-MarketOverview/rese_propertysnapshot_0408.pdf
Monthly update on the UK economy and property markets.
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Property Snapshot, March 2008 (PDF 317KB)
URL for PDF: /documents/Research-MarketOverview/rese_propertysnapshot_0308.pdf
Monthly update on the UK economy and property markets.
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Southbank Market Report, June 2007 (PDF 702KB)
URL for PDF: /documents/Research-MarketOverview/rese_southbank_0607.pdf
The central London market is quietly booming and the Southbank is at the heart of this.
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Leeds Market Overview, Spring 2007 (PDF 1,643KB)
URL for PDF: /documents/Research-MarketOverview/rese_leedsmarket_q107.pdf
Leeds is now ranked among the top 30 cities in Europe and £3.2bn has been invested there in commercial property development over the past 10 years.
