Property Snapshot December 2008

Published: November 2008
Source/Company: Colliers CRE

Abstract:
Capital values are still moving very rapidly and we expect further substantial year-end mark downs. I’d like to think that most of the pain will come by year-end, but the occupier markets are now weakening considerably and further pain is expected in 2009. All eyes will no doubt be following high street trading over the next few weeks. We will follow this with the aim of looking at its impact on the general economic sentiment as well as its impact on retail occupancy markets.