Real Estate Investment Forecasts Q1 2007
Published: March 2007
Source/Company: Colliers CRE
Abstract:
We are still waiting for the full IPD results for 2006, but a continued downward shift in yields - combined with improving rental growth - has driven total returns close to, though slightly below, 2005 levels.
Both the economy and the property market performed better than expectation with provisional GDP growth figures indicating the economy in 2006 grew by 2.8%, above the long term average.
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