UK Commercial Property Data Response CIPS/Markit Construction PMI (Nov.) November’s improvement in the headline construction PMI suggests that construction activity is holding up in the fourth quarter. However, the improvement in supply conditions in the commercial... 4th December 2018 · 1 min read
UK Commercial Property Data Response IPF Consensus Forecasts Over 2018, the UK commercial property sector has proved more resilient that both we, and the IPF Consensus, expected. However, a gradual upward movement in yields over the coming years is expected to... 30th November 2018 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Oct.) Subdued lending in the commercial property sector is consistent with the fact that investment activity is steady and that development activity is limited. As such, it adds to the evidence that... 29th November 2018 · 1 min read
UK Commercial Property Data Response Commercial property investment (Oct.) The value of deals completed in October held up at a similar level to the previous two months. Although investment activity has been improving recently, this appears to reflect a recovery from the... 14th November 2018 · 1 min read
UK Commercial Property Data Response Employment (Sep.) September’s employment figures showed a healthy recovery, though this was not enough to change our view of a relatively subdued outlook for UK occupier demand and rental value growth. 13th November 2018 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Oct.) October’s rise in the headline PMI for UK construction reversed a three-month downward trend, but does not change our view of continued caution about prospects for the rental growth. 2nd November 2018 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Sep.) Net lending to the commercial property sector continues to be driven by lending for standing property. But firms’ appetite to borrow for development appears weak. 29th October 2018 · 1 min read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q3) The RICS Survey for Q3 showed a deterioration in tenant demand. Respondents continue to expect a modest decline in rents over the rest of the year. 25th October 2018 · 1 min read
UK Commercial Property Data Response RICS Construction Market Survey (Q3) The improvement in construction workloads in the third quarter was encouraging. But with labour shortages constraining activity, the development pipeline is unlikely to increase substantially. 18th October 2018 · 1 min read
UK Commercial Property Data Response Employment (Aug.) August’s labour market data were weak. But the details suggest that the weakness reflects recruitment difficulties and is unlikely to be a sign of deteriorating occupier demand. 16th October 2018 · 1 min read
UK Commercial Property Data Response Commercial property investment (Sep.) In September, the total value of commercial property investment softened slightly compared to August despite including a single deal worth £1.46bn. And with the market still suffering from a lack of... 15th October 2018 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q3) Banks reigned in the availability of mortgage credit in Q3, driven by risk aversion and softening house price expectations. Meanwhile, a fall in risk appetite and concerns about the economic outlook... 11th October 2018 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Sep.) September’s fall in the headline construction PMI does not alter the fact that construction activity has improved taking Q3 as a whole. Current demand conditions also appear to have improved, but... 2nd October 2018 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Aug.) Net lending to property increased strongly in August. However, the details show that the increase was driven by lending for standing property, while net lending for development declined for the fourth... 1st October 2018 · 1 min read
UK Commercial Property Data Response Commercial property investment (Aug.) The combined value of deals completed for UK commercial property in August surged by £1.5bn, or by 44% compared to the previous month. But, that improvement was driven almost entirely by a single deal... 17th September 2018 · 1 min read
UK Commercial Property Data Response Employment (Jul.) As an indicator of the health of occupier markets, today’s employment data are rather stronger than they appear at first sight. The data show that while firms have reduced their reliance on part-time... 11th September 2018 · 1 min read
