The latest report from Aberdeen Property Investors suggests that opportunities will emerge from distressed sales over the next six months
The report also highlights that:
? Total returns are projected to be weak again in 2009, as the pace of rental fall accelerates
? However, the pace of capital decline will slow substantially in 2009, before total returns recover strongly from 2010 onwards, aided by income returns of over 8%
? Opportunities will emerge from distressed sales over the next six months
? Property yields already stand at exceptionally high levels relative to cash and UK government bonds, and will attract increasing interest from institutional investors as a consequence
? The UK market has repriced much more quickly than continental European markets, with capital values already having fallen by over 40%, and will be the first to recover
? Central London offices are anticipated to underperform over the next five years, with prime retail and industrial outperforming
Open the attached file to see the full report.
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