UK Commercial Property Chart Pack Total returns stabilise, but too soon to call bottom All-property yields have stabilised since the start of the year and alongside continued rental growth, that means total returns were more-or-less flat during Q1. But, while the worst is over, the... 28th April 2023 · 8 mins read
UK Commercial Property Chart Pack Yields stabilise, but banking crisis may slow recovery Yields have stabilised since the start of the year, with the 8bps rise in equivalent yields over January and February much smaller than the 64bps increase over the final two months of 2022. And with... 30th March 2023 · 8 mins read
UK Commercial Property Chart Pack Capital value falls to ease in 2023 Yields have continued to surprise on the upside, with the all-property equivalent yield rising by 106bps in the three months to December. That matches the worst months of the GFC, and even though... 27th January 2023 · 8 mins read
UK Commercial Property Chart Pack Surge in yields has further to run While we had expected the rise in risk-free rates and upcoming recession to boost yields, the speed at which they have increased has been surprising. All-property equivalent yields rose by a total of... 20th December 2022 · 8 mins read
UK Commercial Property Chart Pack Total returns see worst month since Brexit vote The rise in interest rates and upcoming recession are leading to a rapid turnaround in commercial property performance. Rental growth is starting to ease, particularly in consumer-facing sectors such... 21st October 2022 · 9 mins read
UK Commercial Property Chart Pack Yields make decisive move up All-property yields saw a large rise in August, as concerns around valuations increased. (See Chart 1.) And, with the energy support package set to boost interest rates and the economy probably... 22nd September 2022 · 8 mins read
UK Commercial Property Chart Pack Yield compression at an end as recession looms With inflation now set to rise to 12% by October, interest rates on the rise and the economy on the brink of recession, the 21-month streak of yield compression is at an end. Coupled with subdued... 22nd July 2022 · 8 mins read
UK Commercial Property Chart Pack Signs of a slowdown emerging Annual all-property rental growth reached a five-year high in May, while returns rose to levels last seen in mid-1994. But signs of a slowdown also emerged, especially in the red-hot industrial sector... 22nd June 2022 · 7 mins read
UK Commercial Property Chart Pack Retail yield compression surprises in March The latest monthly MSCI figures indicate that commercial property is holding up well. Rental growth rose further in March, while annual total returns matched July 2010 levels, which were the highest... 22nd April 2022 · 7 mins read
UK Commercial Property Chart Pack Property returns hit new decade high Commercial property is not showing any signs of slowing down. Rental growth rose further in February, while annual total returns climbed to a level last seen in Q4 2010. Industrial remains the main... 18th March 2022 · 7 mins read
UK Commercial Property Chart Pack Annual property returns hit a seven-year high Commercial property ended last year strongly. Annual rental growth climbed to a five-year high, while annual total returns crossed the 20% level. This was largely the result of dynamism in industrial... 21st January 2022 · 7 mins read
UK Commercial Property Chart Pack Rental growth hits a three-year high Commercial property’s recent good run continued in October. The annual rate of rental growth surged ahead after only breaching positive territory for the first time in almost two years during August... 3rd December 2021 · 7 mins read
UK Commercial Property Chart Pack Rental recovery gathers momentum September was another good month for commercial property, with the first year-on-year rental growth recorded since the onset of COVID-19. But as clouds gather over the economic upturn, we suspect that... 22nd October 2021 · 7 mins read
UK Commercial Property Chart Pack Industrial leads yield-driven recovery in values The recovery in UK commercial property continued into August, despite a backdrop of more equivocal economic data. But, while the economic softness should be short-lived and returns for 2021 are likely... 24th September 2021 · 7 mins read
UK Commercial Property Chart Pack Strong momentum not expected to last The acceleration in all-property capital growth in June reflected a sharp fall in yields and strong rental growth. But, even as a fast economic rebound boosts occupier demand in the coming months, we... 23rd July 2021 · 7 mins read
UK Commercial Property Chart Pack Reopening supports gradual property revival The improvements in all-property rents and capital values continued in May, supporting our view that we are at the start of a slow recovery in property. Looking ahead, with non-essential retail and... 18th June 2021 · 7 mins read
