UK Commercial Property Chart Pack Weak start to the year for property The rise in all-property capital values in late-2020 proved short-lived and they flattened off again in January. The recent roadmap for easing England’s current lockdown is broadly consistent with our... 25th February 2021 · 7 mins read
UK Commercial Property Chart Pack Still too early to call a turn in property A return to rental growth and stronger capital value growth in December hint to a turnaround in UK commercial property. But this was a surprising development and we think it is too early to call the... 22nd January 2021 · 7 mins read
UK Commercial Property Chart Pack The recovery in capital values unlikely to last Rental falls slowed and capital values returned to growth in November, suggesting that we may be too pessimistic in predicting further falls in values. But, with tight virus restrictions remaining and... 18th December 2020 · 7 mins read
UK Commercial Property Chart Pack Lockdown prolongs capital values falls With rental and capital values falling at a slower pace in recent months, this had seemed to suggest that pricing was bottoming out. But the near-term outlook for most commercial property sectors has... 30th November 2020 · 8 mins read
UK Commercial Property Chart Pack Office rents suffer and pricing stability set to unravel A faster deterioration in office rents meant that all-property rental values fell at a quicker pace in September. As a result, with yields stable, all-property capital values declined less steeply... 23rd October 2020 · 8 mins read
UK Commercial Property Chart Pack Pricing set to worsen Though the slowdown in the pace of rental and capital value falls in recent months seems to suggest that pricing is stabilising, we expect there will be further upward pressure on yields this year... 25th September 2020 · 7 mins read
UK Commercial Property Chart Pack Further hit to values yet to come Rents and capital values fell at a slower pace in July than was recorded in June. But, while values seem to be approaching a degree of stability, we expect a deterioration in the rental outlook will... 27th August 2020 · 7 mins read
UK Commercial Property Chart Pack Better signs, but more pain still expected Although there were further signs of stabilisation in June, we expect that the slow recovery in the economy will continue to put upward pressure on yields in the coming months. Meanwhile, rents fell... 27th July 2020 · 8 mins read
UK Commercial Property Chart Pack Rental falls intensify, but yield increases slow While rental values fell sharply in May, this was in part offset by yields increasing at a much slower pace than the previous month. In turn, this led to a less steep fall in capital values, but... 26th June 2020 · 7 mins read
UK Commercial Property Chart Pack Further yield rises to weigh on capital values Yields rose again in April and there is more of the same to come over the summer months. While rental values fell slightly, the rise in yields meant that capital values declined by 1.8% m/m in April... 29th May 2020 · 8 mins read
UK Commercial Property Chart Pack Capital value falls in March just the tip of the iceberg Early signs of the impact of COVID-19 on property were seen in the MSCI monthly data for March. While rental values did not see much of a deterioration, yields saw their biggest rise since after the... 29th April 2020 · 8 mins read
UK Commercial Property Chart Pack Coronavirus disruption likely to accelerate yield rises The rise in yields in February suggests that even before the disruption from coronavirus worsened, investors had become more cautious. In the coming months, we expect this to hit transactions hard. As... 27th March 2020 · 7 mins read
UK Commercial Property Chart Pack Yields continue to rise A rise in all-property yields caused capital values to decline by 3% y/y in January. Although we expect yields to rise and rents to edge lower in the months ahead, the rate of decline in capital... 2nd March 2020 · 7 mins read
UK Commercial Property Chart Pack All-Property returns hit decade-low Annual returns were just 2.1% in December, the lowest monthly figure since 2010. A marginal rise in yields in the retail sector caused all-property capital values to fall in December and was... 29th January 2020 · 7 mins read
UK Commercial Property Chart Pack Rising retail yields cause capital values to fall The marginal increase in rental values in November was not enough to prevent capital values from falling on an annual basis. Indeed, the impact of rising yields, particularly in the retail sector... 20th December 2019 · 6 mins read
UK Commercial Property Chart Pack Capital values continue to fall Capital values have been falling since late 2018. This has led by declining retail capital values and slowing growth in office and industrial. We expect that all-property yields will continue to rise... 22nd November 2019 · 6 mins read
