UK Commercial Property Data Response CIPS/Markit Construction PMI (Nov.) November’s increase in the construction PMI was the second consecutive positive surprise. However, that improvement was confined almost exclusively to housing construction. 4th December 2017 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Oct.) Net lending to the economy as a whole, as well as commercial property, contracted in October. The fall in net property lending was driven by both standing investments and development projects. 29th November 2017 · 1 min read
UK Commercial Property Data Response IPF Consensus Forecasts Despite being persistently surprised to the upside during the course of 2017, the IPF Consensus does not envisage that this year’s better-than-expected performance of the commercial property market... 24th November 2017 · 1 min read
UK Commercial Property Data Response RICS Construction Market Survey (Q3) The RICS Construction Survey for the third quarter showed that private commercial and industrial construction activity rose at a similar pace to Q2. 16th November 2017 · 1 min read
UK Commercial Property Data Response Employment (Sep.) Job creation contracted for the first time since last October. However, the big picture is that the labour market data is still pointing to low, but positive rates of rental value growth next year. 15th November 2017 · 1 min read
UK Commercial Property Data Response Commercial property investment (Oct.) In value terms, investment activity edged lower in October. However, it was encouraging that liquidity showed some tentative signs of improvement. What’s more, despite a smaller contribution from the... 14th November 2017 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Oct.) October’s improvement in the construction PMI confounded expectations. The improvement was broadbased, but led primarily by the commercial sector. 2nd November 2017 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Sep.) September’s figures reported an improvement in net lending to the UK’s commercial property sector. Nevertheless, in the grand scheme of things, the gains were modest. 30th October 2017 · 1 min read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q3) The RICS Commercial Survey showed that both tenant and investor demand improved during Q3. However, within the totals, industrial demand is running well ahead of the other parts of the market. 26th October 2017 · 1 min read
UK Commercial Property Data Response Employment (Aug.) Driven primarily by part-time positions, job creation during the three months to August was half the level seen in July. Yet, the latest data is consistent with broadly stable rates of rental growth. 18th October 2017 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q3) Mortgage credit availability rose in Q3, but banks appear to have retreated from the provision of riskier home loans. And credit availability to commercial property was broadly flat on the year. 12th October 2017 · 1 min read
UK Commercial Property Data Response Commercial property investment (Sep.) Investment activity in September fell compared to August. However, not only did the £3.7bn total comfortably surpass the average figure for September in the previous 14 years, but it also brought the... 11th October 2017 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Sep.) The headline construction PMI fell back into contractionary territory, despite a relatively muted fall in the commercial sector. Even so, September’s commercial construction data suggests that rental... 3rd October 2017 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Aug.) Net lending to commercial property contracted for a third consecutive month. While the fall was primarily down to standing investments, riskier development lending was in the red too. 29th September 2017 · 1 min read
UK Commercial Property Data Response Employment (Jul.) Today’s Labour Force Survey data painted a healthy picture for occupier markets. July’s data posted the largest three-month increase in employment since December 2015, as well as another fall in the... 13th September 2017 · 1 min read
UK Commercial Property Data Response Commercial property investment (Aug.) After a very weak July, August’s 17%m/m increase in the value of commercial property investment activity is encouraging. Nevertheless, the market still appears to be dependent on large deals and... 12th September 2017 · 1 min read
