The Global Commercial Property Survey Q1 2011 from the Royal Institute of Chartered Surveyors showed that positive sentiment towards real estate is being felt in an increasing number of countries.
The survey published today shows that more property professionals, particularly in emerging Europe, appear increasingly bullish towards the occupier market. In addition the survey suggests a positive outlook for Q2 2011, with more countries expecting rents to rise and capital values to increase than in previous quarters.
Commenting on the survey, Simon Rubinsohn, RICS chief economist, said: "Sentiment continues to improve across much of the global property market, which reflects the fact that more of the world is now beginning to enjoy economic recovery.
“Real estate in some countries still remains under considerable pressure, but elsewhere it is booming to such an extent that governments have been forced to take action to try and slow things down.
“This divergence between the leaders and laggards is something that we expect to persist for some while to come.''
