A recent survey revealed that property industry predicts an intense increase in distressed asset sales and this in turn can affect the market revival.

The survey was conducted by Royal Institution of Chartered Surveyors.

Oliver Gilmartin, Senior Economist at RICS informed that distressed asset sales are like "thunderous clouds" that can affect the market any time.

According to the survey, in UK, 42% more property professionals are worried about the elevation in the distressed asset sales in 2010's second quarter as against 14% net balance for the first quarter.

Sharpest rise has been forecasted in the US, Middle East and Ireland, as every member surveyed there, predicted an inclination in distressed sales after the launch of the Government's National Asset Management Agency.

Some of the distressed commercial assets are already affecting the market, like Simon Halabi's White Tower, which is a set of London offices. It has been known that majority of these will be purchased by private equity group Carlyle.

Mr. Gilmartin explained that the issue of distressed property assets is still there; however, global property markets have experienced slight recovery in values in the last six months to one year.

On the other hand, in a report from Royal Institute of Chartered Surveyors, Asia and Australia are expected to be relatively unharmed.