11
T
h
e
Anticipated increase in economic activity: By prime professional activity

2
0
0
9
/
Anticipated increase in economic activity 2007 2008 2009
1
0

E
Investment Consultancy 55% 26% 63%
u
r
o
Property Research / Analysis 52% 30% 48%
p
e
a
n
Property Asset Management 72% 33% 47%
P
r
Valuation 64% 27% 45%
o
p
e
r
Commercial Development 63% 29% 42%
t
y

M
Property Finance, incl. Fund Management 73% 20% 42%
a
r
k
Residential Development 53% 22% 41%
e
t

R
Constructions / QS / BS / Project Management 62% 34% 38%
e
m
u
n
Base: All giving an answer: 2007 = 911; 2008 = 805; 2009 = 1,195 (base <100; base < 20) e
r
a
t
i
Market sentiment has improved, with 45% of all respondents anticipating an increase in economic activity in
o
n

the next 12 months (versus 30% last year). Those in Investment Consultancy are the most optimistic with 63%
S
u
forecasting an economic improvement (versus 26% last year).
r
v
e
y
Anticipated increase in economic activity: By economic region
% anticipate increase in economic activity: By region 2009
All participants 45%
Scandinavia 67%
UK 61%
Southern Europe 47%
Germany/Austria/Switzerland 46%
France 44%
Central & Eastern Europe 39%
Benelux 38%
While those property professionals working in Scandinavia (67%) and the UK (61%) are the most optimistic
in terms of increase economic activity in the next 12 months.
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