"“Although demand is weakening, office supply fell slightly in 2009, which kept rents stable. The second half of the year showed a strong increased in investments”"

" Holiday home ownership in the Alps has grown as the ski industry has expanded, with rising numbers of ski travellers supported by factors such as the rise in low-cost airlines. The growing popularity of Alpine homes has put upward pressure on prices, raising the attractiveness of property investment. "

" “This time one year ago only 1 buyer was around for every prime asset with 3-5 buyers today. Funds which missed their chances in 2009 will need to be quick as competition for the few prime assets is becoming more apparent. ”  "

" Growth of commercial development at end of 2009 driven by continued rebound in private sector activity. Private sector development underpinned the expansion in December, while public sector activity dropped further. "

" With falling rents and increasing incentives, will 2010 continue to be a tenants’ market? Landlords are working hard to retain tenants and maintain income, often agreeing to flexible and highly competitive packages. Cash flow rather than yield is King!  "

" Investment confidence has grown in prime stock, whilst the occupational markets are still below trend. The first three quarters of 2009 recorded lower levels of take-up in all cities, with deals being done with increasing levels of incentives.  "

"   London’s economy is pivotal to the health and success of the rest of the UK economy, accounting for 19% of UK GDP. Over the last 18 months many commentators have questioned whether London and the rest of the world’s major financial centres have been mortally wounded by the global financial crisis. Savills felt that these questions needed to be evaluated in a clear and independent fashion, and commissioned Oxford Economics to research and report  into what has made London the City it is today, how deeply wounded it has really been by the financial crisis, and most importantly how it will recover and evolve over the next decade."

" “With some encouraging economic data emerging, especially for France and Germany, investor focus is concentrated on the uncertainty surrounding the occupational & debt markets to unlock the current pricing hiatus in Continental European investment.” "

" The domestic recovery of the letting market will be key for Luxembourg in 2010, with signs of recovery in Europe clear. Nonetheless, the unwillingness of some owners to sell, coupled with buyer attention being focused on other core European cities points towards another difficult forthcoming year for the investment market.  "

" “Demand from retailers remains strong for prime locations. Due to the defensive character of prime assets, investors have increased their market share in this particular segment, where significant deals were made in 2009 by the most audacious market players.” "