Global Distressed Property- European Commercial Property Q3

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The global supply of distressed property is expected to rise in Q4 2011, according to property professionals in key real estate markets.


• Global supply of distressed property expected to rise in Q4 2011; demand moderates
• Supply expected to rise at its fastest pace in the Republic of Ireland, Southern Europe and the UAE
• Demand moderates in nearly 50 percent of countries surveyed; and falls in Brazil, Portugal and Russia


The Q3 2011 RICS Global Distressed Property Monitor finds that roughly three-quarters of respondents expect rising levels of foreclosure next quarter. Distressed property is expected to rise at the fastest pace in the Republic of Ireland, Southern Europe and the UAE, while agents in the UK, Hungary and France also anticipate increasing levels. Notably, in New Zealand and Poland supply expectations moved from negative into positive territory this quarter.


Equally the RICS Q3 European Commercial Property Survey, finds that in general optimism is found only in Russia, Germany, Poland and Austria, where the upbeat sentiment prevails overall, even though, in general, sentiment is more downbeat.


Download both reports from this page.