Deloitte's latest
CFO Survey highlights growing caution amongst UK firms, so what
does this mean for real estate?
Every quarter, my colleagues in the Deloitte economics
team ask the Chief Financial Officers of many of the UK's
largest listed companies about their attitudes to valuations, risk
and financing, as well as a number of other economic factors.
The results offer a very timely snapshot of corporate sentiment in
the UK, which, as the latest survey shows, has continued to
wane. CFOs now rank cost reduction as their number one balance
sheet priority, and they are placing greater weight on other
defensive strategies including increasing cash flow, disposing of
assets and cutting leverage. They also foresee slower growth
in hiring and capex over coming months.
