JLL Global Market Perspective July/August 2010

Global real estate markets continue upswing with regional patterns emerging

The first half of the year showed that confidence has improved and momentum has increased. While markets across the globe are strengthening, the last few weeks have shown that regional markets are moving with different dynamics. This issue of the Global Market Perspective, which provides a real-time mid-year outlook on global property market conditions,  reviews the regional patterns emerging as the global property market recovery continues to build.
 
Highlights from this edition include:
 
More markets in Asia Pacific start rental recovery

In line with the ongoing recovery in the leasing sector, most markets have posted either increasing or stable rentals in Q2. The markets in Greater China have recorded the strongest growth, led by Hong Kong (up 9.3% compared with Q1), while in Singapore, rents have started to turn around in Q2 (up 2.9%) following steep falls over the last two years. Markets that are still suffering from weak demand have continued to see falling rents, although the pace of decline has slowed significantly.
 
In addition, the report provides analysis of a range of topics that may be useful in your reporting including:
 
·         Global economic prospects strong, yet equity markets stall
·         Global investment volumes steady in second quarter
·         US follows Asia Pacific and Europe into investment bounce
·         Outlook on 2010 global investment volumes on track for 40-50% uplift on 2009

To download the full report, click here.