In the UK, residential markets, which started recovering since late 2005 following a year long slowdown, may cool down as a weak equities market and uncertainty over interest rates may hit buyer confidence.
"Residential markets have been particularly buoyant in London and had a much stronger first half than was the case in 2005, although we do not expect this trend to continue into the second half," the company said.
"The first half has seen strong investment markets especially in the UK and in key European markets and this should ensure that commercial activity levels remain high in 2006," it said.
Savills is confident of living up to expectations
said it was well placed to deliver full year results in line with its expectations amid a strong order book.
Property consultancy Savills which has an office in Birmingham yesterday Nike Flyknit Singapore
regional market has improved and continued high demand from private and institutional buyers boosted transaction levels.
investment markets in Asia, with the sector already showing some signs of slowdown, said the company, whose businesses include property investment, management and consultancy.
Tenant demand for commercial properties in London and the Nike Roshe Flyknit Black And White
But rising interest rates are set to weaken growth in the commercial Nike Flyknit Racer Oreo 1.0 On Feet
However, the Flyknit Racer Photo Blue company warned that growth in the residential markets may weaken.
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