Global Vision update 2Q 2010: signs of stabilisation and recovery
May 28, 2010, ING Real Estate Investment Management
In the first quarter of 2010 commercial real estate markets in many parts of the world showed signs of stabilisation and recovery. Transaction volume was USD 124 billion in 1Q 2010 according to Real Capital Analytics (RCA). Capital values also appeared more stable. Attention focused on prime properties with secure income streams, prices of which appeared to be stabilising or rebounding particularly in major cities such as Hong Kong, London, New York and Paris.
Read more in the Press Release.