UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q1) There was an unexpected loosening in credit conditions at the start of the year. But with no let-up in economic uncertainty and continued gloom about the outlook for housing, we expected this will be... 18th April 2019 · 1 min read
UK Commercial Property Data Response Commercial property investment (Mar.) The improvement in investment activity in March was mostly driven by a one-off deal and with economic and political uncertainty to continue for longer, we do not expect to see a sustained pick up in... 16th April 2019 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Feb.) The increase in net lending for standing property and development in February was encouraging but with capital values expected to fall this year we do not expect net lending to increase substantially. 29th March 2019 · 1 min read
UK Commercial Property Data Response Commercial property investment (Feb.) February’s investment numbers do not alter the bigger picture that UK commercial property investment activity is trending downwards. And even once Brexit uncertainty is reduced, economic fundamentals... 18th March 2019 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Jan.) A large increase in development lending was not enough to offset weak net lending for standing property. With the outlook for investment and development activity is subdued, it seems unlikely will... 1st March 2019 · 1 min read
UK Commercial Property Data Response IPF Consensus Forecasts A weaker outlook for the retail sector drove a reduction in the IPF Consensus forecast for all-property total returns this year to 2.4% y/y. Echoing our own forecasts, outside of the retail sector... 28th February 2019 · 1 min read
UK Commercial Property Data Response Commercial property investment (Jan.) The slowdown in commercial property investment appears to have accelerated in January, indicating ongoing concerns about a Brexit deal. This uncertainty is expected to be temporary, but it is unlikely... 19th February 2019 · 1 min read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q4) With weakness in the retail sector dragging on occupier demand and investment, all-property capital value growth is likely to soften further. 31st January 2019 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Dec.) With capital and rental value growth expected to slow further in 2019, it seems unlikely that willingness to lend will pick up. As such, the softness in net lending is likely to continue. 30th January 2019 · 1 min read
UK Commercial Property Data Response RICS Construction Market Survey (Q4) With uncertainty, and labour and financial constraints weighing on construction activity, the development pipeline isn’t likely to increase substantially. 24th January 2019 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q4) Credit availability for both commercial and residential property tightened in Q4, and with Brexit uncertainty likely to be extended, that trend looks set to persist. 17th January 2019 · 1 min read
UK Commercial Property Data Response Commercial property investment (Dec.) Weakness in investment in December likely reflects investors holding fire due to uncertainty but, even so, we do not expect investment to rebound in 2019. 9th January 2019 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Nov.) Consistent with the softness seen in investment and development activity, net lending was subdued in November. And with capital and rental value growth expected to slow further in 2019, a sustained... 4th January 2019 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Dec.) Softer construction activity is likely to be temporary, held back by political uncertainty and weaker demand. We think that any recovery in construction activity will be limited as labour market... 3rd January 2019 · 1 min read
UK Commercial Property Data Response Commercial property investment (Nov.) Although investment activity has picked up gradually over 2018, the low value of deals completed in November suggests that commercial property investment will struggle to reach 2017 totals this year... 12th December 2018 · 1 min read
UK Commercial Property Data Response Employment (Oct.) The improvement in job creation in October was encouraging, but with the labour market near full capacity, employment growth and therefore occupier demand are still expected to moderate. 11th December 2018 · 1 min read
