Investment market upturn to fade in H2 2010 (Aug 10)

Investment market activity strengthened in the second quarter across the UK, Scandinavia and Emerging Europe with the result that initial yields fell a little further in a number of office, retail and industrial markets. While the spread between property yields and bonds remains healthy, the uncertain outlook for economic growth, and thus occupier markets, is likely to mean that the investment market recovery fades in the second half of the year.