Join us for FREE and access exclusive investments and property investment resources
Join IPIN here
Access exclusive opportunities that are only available to IPIN Members
Find out more
We never share your data with any third parties.
*Note: IPIN investment opportunities are available subject
to location and certain knowledge / experience criteria.
Retail Property Market
Property Market Outlook 2011
As we approach the end of 2010 the industry experts start forecasting their market predictions for the year ahead. We have taken a closer look at five of the property industry reports; from Knight Frank, Jones Lang LaSalle, Cluttons, ING Real Estate Investment Management and Savills. Below is a summary of each of the reports:
Collectively the reports illustrate a mixed view of the property market in 2011, with some predicting falls in property prices and other predicting a recovery. There is continued uncertainty in the market.
The global property markets will depend on economic recovery and individual government's actions to improve the economy and property markets.
The performance of any commercial market will depend on employment rates in that area or country. In the UK the retail property market will also be affected by the rise in VAT that has been put in place for January 2011.
Another factor that will impact on the market will be the availability of finance and whether or not banks will start to lend again in 2011. Lending restrictions have remained tight since the beginning of the financial crisis.
There are differing opinions on Asian markets, with some remaining positive about the future and others predicting a slowdown. The Jones Lang LaSalle report states: "In Asia Pacific, strong economic conditions and business confidence will boost office take-up in 2011."
Emerging markets are expected to perform better than established ones, as the majority of established markets are still recovering from the impact of the global financial crisis. Although it is worth noting that emerging markets carry higher risk for investors.
Most of the reports were positive on commercial and residential Central London markets; one reason for this could be the 2012 Olympics and the increase in construction that will occur leading up to the games.
As with any other forecasts or predictions there are no certainties and no-one can be sure of what the year will bring for the global property markets.
Subscribe to IPIN Live by Email - Get our News & Blog updates delivered directly to your inbox - click here
*This page is provided for information purposes only and should not be construed as offering advice. IPIN is not licensed to give financial advice and all information provided by IPIN regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.