UK Commercial Property Data Response IPF Consensus Forecasts The IPF Consensus have revised up their forecast for capital value growth. As a result, the outlook for total returns in 2018 has been pushed higher. Beyond the next few months, however, the Consensus... 7th September 2018 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Aug.) Today’s decline in the CIPS/Markit Construction PMI suggests that the improvement in construction activity in July was short lived. Commercial construction activity fared slightly better than the... 4th September 2018 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Jul.) Net lending to property increased slightly in July, but to a lesser extent than lending to the total economy. Further, lending for development showed no signs of improvement. 30th August 2018 · 1 min read
UK Commercial Property Data Response Commercial property investment (Jul.) Investment activity in July softened sharply. It is too early to say what the weaker start to H2 means for the rest of the year. But, with interest from overseas investors returning, it seems unlikely... 15th August 2018 · 1 min read
UK Commercial Property Data Response Employment (Jun.) Today’s labour market data showed some moderation in employment growth. However, with job creation mostly in full-time positions and real wage growth still positive, the details do not point to a... 14th August 2018 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Jul.) Today’s CIPS/Markit Construction PMI suggests that there was further improvement in commercial construction activity in July. However, given the volatility of the series we are wary of concluding that... 2nd August 2018 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Jun.) Following a strong increase in May, net lending to the commercial property sector declined in June. This fall was in contrast to the sharp increase in net lending to the economy as a whole. 30th July 2018 · 1 min read
UK Commercial Property Data Response RICS Construction Market Survey (Q2) According to the RICS, the growth of the supply pipeline in the commercial property sector moderated a touch during the second quarter. As has been the case for some time, supply side constraints... 26th July 2018 · 1 min read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q2) Following weakness in Q1, today’s RICS Survey pointed to a further, modest deterioration in occupier demand conditions. However, the headline numbers paint an overly soft picture, with the... 19th July 2018 · 1 min read
UK Commercial Property Data Response Employment (May) There was another strong increase in job creation in May. And the fact that firms are struggling to fill vacancies suggests little change in the current health of occupier markets. 17th July 2018 · 1 min read
UK Commercial Property Data Response Commercial property investment (Jun.) Investment activity picked up in June, consistent with indications that growth in Q2 has recovered from the soft start to the year. Nevertheless, on an annual basis investment continued to soften. 13th July 2018 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q2) Credit availability for residential mortgages edged up in Q2, but only for lower LTV mortgages. And while the credit conditions for commercial property were broadly unchanged, for the first time since... 12th July 2018 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Jun.) Today’s CIPS/Markit Construction PMI suggests that the recovery in construction activity continued in June. Further, improvements in the future business conditions and new orders indices suggest that... 3rd July 2018 · 1 min read
UK Commercial Property Data Response Lending to commercial property (May) A strong monthly increase in lending for standing property drove net lending to property in May. But a dip in net lending for development may be a sign that lenders’ risk appetite is still weak. 29th June 2018 · 1 min read
UK Commercial Property Data Response Employment (Apr.) The annual pace of job creation increased further in April. However, a slowing in average earnings growth and an increase in the number of part-time workers suggest the headline numbers may not be as... 12th June 2018 · 1 min read
UK Commercial Property Data Response Commercial property investment (May) Investment activity in May failed to show any signs of a revival. Although overseas investment declined, this was comfortably offset by a renewed interest from institutional and occupier investors. 11th June 2018 · 1 min read
