UK Commercial Property Data Response Commercial property investment (Apr) Commercial property deal-making dipped modestly in April. However, the data gave further signs of improving liquidity, and strong overseas demand for UK assets. Nevertheless, with values looking... 10th May 2016 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Apr.) Today’s commercial construction PMI data provided further evidence to expect a slowdown in rental value growth during 2016. However, for now, today’s data give no indication that rents are due to move... 4th May 2016 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Mar.) Net lending to the property sector picked up March. However, with traditional lenders’ exposure to the sector simply stabilising and riskier development lending still falling, it is hard to argue that... 29th April 2016 · 1 min read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q1) The RICS Commercial Property Survey reported that occupier and investor demand moderated but remained positive in the first quarter. That said, the headline figures masked some sectoral variation... 28th April 2016 · 1 min read
UK Commercial Property Data Response RICS Construction Market Survey (Q1) Despite a fall in the pace of construction activity in the first quarter, workload balances in the commercial sector are above the survey’s average. That said, forward-looking indicators, suggest that... 20th April 2016 · 1 min read
UK Commercial Property Data Response Employment (Feb) As the slack in the labour market has fallen substantially, it is perhaps not surprising that job creation has slowed. And for now the data do not point to a turning point in the rental market, but... 20th April 2016 · 1 min read
UK Commercial Property Data Response Commercial property investment (Mar) As financial market volatility subsided, commercial property investment activity picked up in March. The latest data point tentatively to improving liquidity, but not to any rise in risk aversion. In... 14th April 2016 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q1) Lenders reported a small drop in credit availability to the residential sector in the first quarter of 2016, although they expect this to be temporary. Similarly, lenders are also displaying a degree... 13th April 2016 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Mar.) Today’s commercial construction PMI data are consistent with our view that all-property rental growth is likely to slow during the remainder of 2016. However, itgives no indication that a rental... 4th April 2016 · 1 min read
UK Commercial Property Data Response Colliers/Real Estate Capital Pricing Survey (Mar.) March’s Colliers/REC survey signalled that the survey’s respondents have become more cautious since December. And while we are in broad agreement about the direction of rental value growth, we think... 31st March 2016 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Feb.) Net lending to the property sector rose in February. Despite the sharp increase in net loans to standing investments, riskier development lending fell once more. That, together with the fact that... 31st March 2016 · 1 min read
UK Commercial Property Data Response Employment (Jan) With the unemployment rate already low, it is perhaps unsurprising that the pace of job creation slowed in January. However, the picture is still supportive for occupier demand as high job vacancies... 16th March 2016 · 1 min read
UK Commercial Property Data Response Commercial property investment (Feb) Property investment activity in February was weak. This may partially reflect fears about Brexit, but it is also in line with the expected moderation in activity from the very high levels seen in 2015... 11th March 2016 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Feb.) Commercial construction activity in February fell for a second consecutive month. However, we think that recent weakness reflects some degree of normalisation, after a particularly strong fourth... 2nd March 2016 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Jan.) Banks and building societies reduced their net loans to the commercial property sector in January. However, with banks and building societies’ exposure to commercial property holding fairly constant... 29th February 2016 · 1 min read
UK Commercial Property Data Response IPF Consensus Forecasts (Feb) Compared to the Consensus, our forecasts are skewed towards the bullish end of the spectrum. However, given that we think that economic growth and occupier fundamentals will hold up well and that... 26th February 2016 · 1 min read