Nov 10
28
Mixed outlook for main UK real estate sectors
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Published by Property Wire
on Friday, 26 November 2010
on Friday, 26 November 2010
UK real estate sectors face a mixed outlook going into the New Year as overall the pace of economic recovery slows down in 2011, according to property consultants.
Few office schemes are expected to get off the ground in 2011 although investors are actively seeking exposure to London’s West End, says the latest UK Property Market Report from Jones Lang LaSalle. Over 1.3 million square feet of new tower office space is confirmed for 2014 and retailers are in line for a Merry Christmas. But in the residential sector prices and transactions are set to slow across the country.
