UK Commercial Property Data Response Employment (Sep.) The number of people in work dropped back slightly in September, reflecting a relatively broad-based slowing in the labour market across different job types. 16th November 2016 · 1 min read
UK Commercial Property Data Response Commercial property investment (Oct.) Investment activity fell back by about a third compared to September. With overseas investors still net buyers of UK property, and the effects of the referendum on capital values now fading, we think... 11th November 2016 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Oct.) September’s construction PMI rose marginally; a pleasant surprise given the consensus among forecasters was for a fall. The rise was driven by the commercial sub-index, although the sector’s PMI is... 2nd November 2016 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Sep.) In line with the improvement in the property survey data and a more active investment market, at £476m, net lending to the property sector entirely reversed August’s losses. 31st October 2016 · 1 min read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q3) The latest RICS Commercial Property Survey highlighted that occupier and investor demand have improved, while supply conditions are likely to be constrained. Both factors should provide support to... 27th October 2016 · 1 min read
UK Commercial Property Data Response RICS Construction Market Survey (Q3) According to today’s RICS construction survey, both current and expected activity improved on the second quarter’s poor showing. But with the industrial and private commercial balances both below the... 20th October 2016 · 1 min read
UK Commercial Property Data Response Employment (Aug.) The pace of job creation slowed a little in August, but there was little in the data to suggest that a slump in occupier demand or in rental value growth is imminent. 19th October 2016 · 1 min read
UK Commercial Property Data Response Commercial property investment (Sep. 16) Investment activity rose markedly in September, driven in large part by overseas investors taking advantage of the lower exchange rate. Yet, while this gives weight to our view that the trough for... 11th October 2016 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Sep. 16) September’s construction PMI surpassed market expectations. That said, the bulk of the improvement came from the civil engineering and housing segments, while activity in the commercial sector only... 4th October 2016 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Aug 16.) At minus £325m in August, the fall in net lending to the property sector onlyreversed a small part of the previous three months’ gains. And with the initial fears that the out-vote would lead to a... 29th September 2016 · 1 min read
UK Commercial Property Data Response Employment (Jul.) The first release to include post-referendum jobs data suggests that jobs growth is proving resilient. Nevertheless, job creation is likely to slow in the months ahead, but occupier demand is unlikely... 14th September 2016 · 1 min read
UK Commercial Property Data Response Commercial property investment (Aug. 16) Commercial property investment slumped again in August as the market continued to absorb the implications of June’s vote to leave the EU. But with the preliminary evidence seeming to back our view... 12th September 2016 · 1 min read
UK Commercial Property Data Response IPF Consensus Forecasts (Aug. 2016) The outlook for rental and capital values, as well as total returns, was down graded in August’s consensus forecast. Yet with the spectrum of forecasts now much wider, and the prospects of a... 5th September 2016 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Aug.) August’s construction PMI built on yesterday’s encouraging news from the manufacturing sector. A sharp improvement, recovering most of July’s decline, suggests that confidence in the construction... 2nd September 2016 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Jul.) Rising by £123m in July, net lending from banks and building societies to the property sector held up in the wake of June’s EU referendum. Moreover, banks and building societies have relatively low... 30th August 2016 · 1 min read
UK Commercial Property Data Response Employment (Jun.) Employment growth was strong in the three months before the referendum. Even so, there are good reasons why rental value growth is likely to slow further in the second half of the year. 17th August 2016 · 1 min read
