A Briefing with Anatole Kaletsky

What really matters in 2012?

Tuesday 7 February saw Anatole Kaletsky deliver an engaging presentation on the future direction of the property market. Held at The Grand Connaught Rooms in Holborn, Anatole Kaletsky’s overall view was rather more optimistic than most in the audience anticipated. The strength in emerging markets, a recovering US economy and the fact that the European issues are already discounted, provided a positive platform.

A few of the key points were as follows:

• Kaletsky was critical of the indirect tax rises in 2011 that effectively hampered UK economic recovery. However, the UK remains in a position to increase spending through quantitative easing, if required.
• UK consumer confidence will see a limited recovery in the next 12 months as inflation falls and real income growth turns positive.
• Interest rates in advanced economies will remain below 2% until 2015, which should boost investment confidence and spur private-sector led economic growth.
• The outlook for London property will remain attractive over the long term as London retains its position as a global financial hub.
• Overseas investor interest in London real estate will continue as investors with large pools of capital seek to diversify from home markets.

	Read the full executive summary.
	Download the Anatole Kaletsky 2012 presentation.

Anatole Kaletsky presentation

Having trouble viewing the Anatole Kaletsky 2012 video?

If you are experiencing difficulties in viewing the Anatole Kaletsky 2012 video on our website, please click here which will open the video in a separate window.

You can also view the video on both the iPad/iPhone and as a Podcast (mp3).

Hear what we had to say and an interview with Anatole

		Anatole Kaletsky summarises the future direction of the economy   "Britain is in for yet another tough year in 2012 - maybe some improvement towards the end of the year but basically very tough." Length: 2 minutes 26 seconds
		Andre James, Head of National Investment at Colliers International "We're finding that perhaps the Banks are avoiding the receivership, the fixed charge route, but certainly applying more pressure to borrowers to get on and get rid of some of these assets because they do want the cash back." Length: 2 minutes 12 seconds
		Peter Macpherson, Real Estate Commercial Director, Scottish Widows Investment "Investing in London property, both commercial and residential, is something that makes quite a lot of sense." Length: 2 minutes 14 seconds