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However, the very top-end properties remain in short supply and have maintained their rental levels, buoyed by the multi-nationals and the Aid and Diplomacy sectors. The office lettings market in Dar es Salaam witnessed considerable activity over the past year, with the prime developments of International House and 50 Mirambo Street maintaining full occupancy. However, the investment yield in the CBD of Lagos Island differs from that of Victoria Island, which hitherto was a high profile, low density residential neighbourhood, currently being extensively taken over by commercial uses. The prime investment yield is in the region of 5-6% in Lagos Island compared to 4-5% in Victoria Island. Online property valuation destinations can moreover be a significant instrument for buyers and merchants.

The bulk of this space is being developed on a tenant-driven, pre-let basis and is being absorbed by the pent-up demand from 1998/1999, as well as tenants upgrading from older, decentralised accommodation.

The role played within the overall portfolio of trust property by each existing investment or that would be played by a proposed investment.

The circumstantial particularity of assets is something to be considered. Take-up in Dublin in the first quarter of 2000 exceeded 63,000 sq m, nearly twice the amount for the previous quarter. The Uniform model Act adds one other factor, and that is the other resources of the beneficiaries. In the present writer's respectful opinion this is a consideration that lies outside investment criteria, and preferably.

In Lisbon, buoyant occupier demand and a shortage of quality office space have driven office rental levels up over the last year, both in the city centre and out-of-town. Rental growth has been most marked in the West End and Docklands, whilst growth in the City was more moderate.

At the same time, rising interest rates began to choke off new supply. As a result, rental rates, which had moderated towards the end of 1999, have strengthened again.