European Property Markets Show Signs of Improvement

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The latest edition of the quarterly European Property Indicators survey published by King Sturge brings evidence that the markets of Europe are beginning to show signs of improvement.

The latest edition of the quarterly European Property Indicators survey published by King Sturge brings evidence that the markets of Europe are beginning to show signs of improvement.

Most economies are set to emerge from recession in 2010 and experience a healthy recovery over the medium term. However markets continue to move at different speeds through the adjustment and the survey provides a comprehensive summary of yields and rents levels on the Offices and Industrial property markets of Europe.

  •     Economic recovery is set to continue
  •     Rental growth is returning to London offices
  •     Prime yields for best assets are still falling
  •     Better market prospects are expected

To download a copy of the report go to:
http://eu.vocuspr.com/ViewAttachment.aspx?EID=b6mhcA1OnTooIV9V8g%2bu%2bkxuiVbwf%2bsc2LLnzGMRf4A%3d

Notes to Editor:

King Sturge is one of the largest international property consultancies in Europe with 42 owned offices in 14 European countries, forming part of a network of over 215 wholly owned, associated and affiliated offices in 47 countries worldwide. Over 3,800 staff throughout these offices cover all property sectors and specialisms including plant and machinery, and residential.

In Europe, King Sturge operates in the major UK commercial centres and principal mainland European cities. In Asia Pacific, the firm has associations in Australia, Indonesia, Malaysia and New Zealand. In the Americas, King Sturge has business partners in North, Central and South America through King Sturge CORFAC International and ChainLinks Retail Advisors.

Through a joint venture with a wealth manager, King Sturge now has a presence in the Middle East. The office will initially be based in Dubai, concentrating on states in the Gulf Corporation Council: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.

Embargoed until Tuesday 16th March – 8.00am GMT

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Regis Jacquemin
King Sturge
+44 (0) 20 7087 5120
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Kim Smith
King Sturge
+44 (0) 20 7087 5482
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