The revival of commercial real estate markets
around the world has been highlighted by recent research conducted by Colliers International. According to the property consultant foreign investors are showing more confidence than they did six month previously.
In total, 90 per cent of those questioned in the Global Investor Sentiment Survey said they were planning to add to their holdings or maintain them in the coming year.
Furthermore, the research found that the majority of markets are on the rise thanks to falling vacancy levels and higher rents and an increase in demand. Over a quarter of participants said they would consider investing in property outside of their home country with London, Sydney, New York and Hong Kong included on the list of regions with potential for cross border investment.
Chris McLernon, chief executive officer EMEA at Colliers International, said: "Conducting these surveys provides us with invaluable information to help us gauge the general feeling of those working on the frontline of the property market. For example, in the UK and across Western Europe, investors are demonstrating a lack of risk appetite which can be linked to both the wider economic uncertainty, as well as fears surfacing over the impact of cuts in government expenditure".
- Tuesday 30 November 2010