Savills said the property investment markets throughout the UKremain strong with significant demand for property from domestic,private and institutional as well as overseas buyers. Thisincreased demand reflects in part investor's lack of confidence inthe stock markets.

But the firm warned that tenant demand in London and the SouthEast is still being adversely affected by the downturn in thetechnology-based industries. But elsewhere demand remains robust.At the same time Savills is reaping the benefits from its exposureto the residential sector during the strongest market for over adecade.

The European investment market continues to be very active andSavills is benefiting from its strong position in that market. InAsia the level of transactional income remains subdued and nosignificant upturn in activity is currently anticipated. But inAustralia the market has been largely unaffected by the globalrecession .

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