LONDON (Reuters) - British real estate companies heavy discounts, which indicates that confidence in the euro zone crisis has reached the department, to encourage bargaining in the country's battered real estate market, hunting, Lloyds Banking Group said on Friday.
Monitoring data from the bank's quarterly business confidence in the property, intends that the net balance of the major companies to buy in the next six months rose to 57 May, from 52 in January, while the net balance of fund managers keen to invest rose to 38 from 36 during the same period.
The net balance of all the positive and negative survey response, ignored the sum of the intermediate zone. For example, a positive number indicates a bullish than bearish reaction.
One survey respondent, a small company, told Lloyd said: "The property is so cheap, people started buying," the bank said in the report.
Real estate the enterprise Linda Shillaw Royce Managing Director, said, apparently there is a market of short-term pessimism about the prospects.
"Investors still see the long-term value growth opportunities, today's prices to buy," she said in a statement.
The value of the property fell 2 percent, the expected recovery in the first half of 2012, still a long way due to the uncertain economic outlook, investment property databank, said last week.
Despite the growth in the wider investment appetite, Lloyd said, most businesses to offset the expected slowdown in the UK real estate market activity between the small and medium-sized to large enterprises optimistic pessimist in the next six months.
On Thursday, a Reuters poll of economists expect the euro area have sunk into the second recession since 2009, while the second survey, the British economy will stay for three months into a recession than originally anticipated.
Difficult cocktail
The expected slowdown in the survey held by the fund manager, with only 4% of people saw the improvement in half of the departments most negative outlook.
The fund managers in the real estate market, the difficulties faced by a cocktail of short-term outlook is still pessimistic, said: "Andrew Smith, Chairman of the Investment Property Forum, co-produced by the Research Steering Group report.
"However, some people see the range, given depressed asset pricing, the advantage of arbitrage opportunities in the current market," said Smith, who is the company's global head of property at Aberdeen Asset Management.
Lloyd as the main business loans to more than 500,000 pounds (about $ 78 million), the mid-those who borrow less than ? 10,000 loan of 1-50 ten thousand pounds of large enterprises and small businesses. 416 property decision makers in a survey conducted in May.



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