There is a separation of the office investment and occupier markets. The fall in rents has continued as new supply continues to exceed demand in most locations. This according to a report by CB Hillier Parker.
Despite this, the weakness of the equity markets means that more money is being directed at the property sector. Competition for well let investment opportunities is getter stronger and yields are starting to fall.
Please visit www.cbhillierparker.com to view the full report.
CB Hillier Parker operates under the name CB Richard Ellis in the UK.
(source: CB Richard Ellis)