Provide improvement in the share prices of property companies worldwide
Stabilize the global economy will lead to improved performance of the shares of companies in the property sector this year and next, according to a new report.
According to investment company LaSalle Investment Management, part of a group of Jones Lang LaSalle, almost all developed economies are expected to report growth in its gross domestic product (GDP) in 2010 This in turn is expected to boost profits and lead to improvement in values in the property sector.
Global GDP is projected to rise by 3.2 percent in 2010 and by another 3.4 percent in 2011, according to LaSalle. Consumption will grow by 2.1 percent in 2010 and 2.7 percent next year, considered by the company.
According to her, while the U.S. is expected to account recovery in most European countries\' recovery will likely be less because there was recession and weaker.
LaSalle assessments indicate that profits from the shares of global real estate companies will be reduced by around 4 percent in 2010, as U.S. investment trusts Real estate (REITs) will be most affected. In 2011 profits of U.S. companies should start to rise, as growth will strengthen further in 2012 and 2013
Most strong performance globally are expected to have companies with better management, financial flexibility and quality portfolios.
\"Investment in these companies offer good income currently protected by the value of assets and the expectation that dividends will increase the recovery of the property market,\" commented the company.
From La Salle said that another driving force in the property sector for this year and next will be the increasing availability of capital, which will be in support of a strong global real estate companies when they renew their strategies for expansion.
2009 was a strong year for raising capital, as public property companies attracted over $ 50 billion in equity and debt financing, along with additional capital in the form of mortgages and credit lines.
Published on 2012-05-22 10:17:22
Source: Investor.bg
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