UK Commercial Property Data Response CIPS/Markit Construction PMI (May) The Construction PMI for May provided a welcome surprise on the upside. And from a commercial property perspective, it provided the first indication that, in line with our view, rental value growth is... 2nd June 2017 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Apr.) Net lending to the property sector fell slightly in April. Yet, this weakness probably reflects liquidity issues in the investment market rather increased risk aversion amongst lenders. It is also... 31st May 2017 · 1 min read
UK Commercial Property Data Response IPF Consensus Forecasts (May) For the third consecutive quarter, the consensus forecast for rental and capital value growth for the next two years rose, thus bringing them closer to our own. 26th May 2017 · 1 min read
UK Commercial Property Data Response Employment (Mar.) Generally speaking, the Labour Force Survey data painted positive picture for occupier demand. Yet, the ongoing squeeze on real incomes means that occupier demand for retail property will stay... 17th May 2017 · 1 min read
UK Commercial Property Data Response Commercial property investment (Apr.) Weaker investment market activity is fairly typical at this time of year. Even so, activity this April was particularly soft due to a very low number of deals. That said, there were no signs that... 11th May 2017 · 1 min read
UK Commercial Property Data Response RICS Construction Market Survey (Q1) In contrast to yesterday’s commercial construction PMI, today’s RICS survey showed that construction activity picked up, rather than stagnated, in Q1. 4th May 2017 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Mar.) Net lending to both the UK economy and property returned to positive territory in March. What’s more, with their exposure to the property sector at a 15-year low, traditional lenders are giving little... 4th May 2017 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Apr.) April’s rise in the CIPS/Markit Construction PMI chimed well with yesterday’s rise in manufacturing activity. That said, commercial construction activity was more subdued implying that development... 3rd May 2017 · 1 min read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q1) Today’s survey showed no signs of any softening in occupier demand, development activity or interest levels from investors. So the main message seems to be that property market participants appear... 27th April 2017 · 1 min read
UK Commercial Property Data Response Commercial property investment (Mar.) Commercial property investment activity dipped marginally in March. However, quarterly activity was broadly in line with the long-term average, and there were few signs of foreign demand waning. 13th April 2017 · 1 min read
UK Commercial Property Data Response Employment (Feb.) Today’s Labour Force survey gave no worrying signs about the strength of occupier demand, either nationally or in the capital, despite a slowdown in job creation. 12th April 2017 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Mar.) The dip in March’s headline construction PMI was entirely down to the residential sector. By contrast, activity in the commercial sector improved, albeit only modestly. 4th April 2017 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Feb.) Net lending to property contracted for the second consecutive month in February. This is likely to reflect liquidity issues in the investment market rather than a shortfall in demand. What’s more... 29th March 2017 · 1 min read
UK Commercial Property Data Response Employment (Jan.) Today’s Labour Force Survey showed that job creation picked up in January. This adds to the evidence that occupier market conditions are likely to hold up fairly well this year. 15th March 2017 · 1 min read
UK Commercial Property Data Response Commercial property investment (Feb.) The value of investment in UK commercial property markets rose in February. What’s more, domestic institutions are beginning to dip their toes into the water, and demand from overseas investors has... 10th March 2017 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Feb.) The headline construction PMI ticked up in February. But within the total, the commercial PMI edged down to a level that is consistent with rental stability over 2017. 2nd March 2017 · 1 min read
