Sales Volumes Decreased By 2 Times

Compared with the first six months of 2007, during the first half of 2008, worldwide sales of large commercial real estate fell by 49%, the data published in its latest report analytical agency in the Real Estate Real Capital Analytics. Movement of capital in commercial real estate professionals could predict early in the year when Tokyo, ahead of New York and London, began actively to gain the preference of investors. 25% of deals first half of 2008 was carried out in developing countries in Asia, it is up to 15% more than the same period last year. Sales growth (11%) was observed in the field of real estate development facilities at its core sales dropped significantly: 60% in the Gaza office and 68% in the sector of hotel real estate, sales of shopping centers fell by 54% and industrial real estate – 38% of apartment buildings – at 34%. In contrast, in countries with developing economies in the sales volume increases. During the first half of 2008 sales volume in India has doubled in Brazil increased 40% in Russia – by 19%. The slowdown in the global economy and impact of the credit crisis, according to experts, the main reasons for the decline of sales in developed countries.