UK Commercial Property Data Response Employment (Dec) Healthy job creation continues to bode well for occupier demand conditions. Moreover, with job vacancies high, it is likely that we will see further gains in employment this year, making a sharp... 17th February 2016 · 1 min read
UK Commercial Property Data Response Commercial property investment (Jan) Commercial property transaction activity was muted in January. Encouragingly, however, sentiment towards UK property seems healthy. And if we are correct about the UK’s positive macroeconomic... 12th February 2016 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Jan.) Last month’s jump in commercial property construction activity was more than fully reversed in January. While market turmoil and the spectre of the EU referendum may be holding back some commercial... 2nd February 2016 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Dec.) In net terms, banks and building societies boosted their loans to the commercial property sector in December. However, the increase in net lending applied only standing investments, not new... 1st February 2016 · 1 min read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q4) The RICS commercial property survey reported that occupier demand moderated but remained positive in the fourth quarter. Yet even if the dip in demand is sustained, supply shortages are likely to... 26th January 2016 · 1 min read
UK Commercial Property Data Response Employment (November) Jobs numbers continue to point to improving occupier demand. That said, the regional breakdown of employment is uneven and it suggests that occupier markets and rents in the North West look well... 20th January 2016 · 1 min read
UK Commercial Property Data Response RICS Construction Market Survey (Q4) Despite a fall in construction activity in the fourth quarter, workload balances in the commercial sector are solid. Expected work balances, which are above the survey’s average, combined with the UK... 14th January 2016 · 1 min read
UK Commercial Property Data Response Commercial property investment (Dec) Commercial property investment in December was subdued. This is in line with our view that the most vigorous rates of activity probably now lie behind us. However, with a benign rate outlook and... 14th January 2016 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Dec.) Last month’s jump in activity in the commercial property sector helped to reverse November’s dip in overall construction activity and suggests that the supply pipeline is continuing to grow. Yet the... 5th January 2016 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Nov.) The deleveraging process within the commercial property lending market showed no signs of abating in November. In fact, the stock of outstanding debt to commercial property fell by almost £1bn during... 4th January 2016 · 1 min read
UK Commercial Property Data Response Employment (October/Q3) Today’s jobs numbers surprised on the upside, implying that after a summer lull occupier market conditions are improving once more. However, the sectoral breakdown suggests that job creation has been... 16th December 2015 · 1 min read
UK Commercial Property Data Response Commercial property investment (Nov) October’s surprise jump in UK commercial property investment was not sustained. The value of investment fell markedly in November and is likely to continue on a downward trend as investor demand... 11th December 2015 · 1 min read
UK Commercial Property Data Response Colliers/Real Estate Capital Pricing Survey (December) December’s Colliers/REC pricing survey signalled that, with the gap between prime and secondary yields narrowing, the survey’s respondents have become more selective in terms of sector and location... 4th December 2015 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Nov.) At a glance, November’s Construction PMI provided few positives for commercial development activity. However, with reports of falling availability, and rents still rising, it is likely that the... 2nd December 2015 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Oct.) Lending to commercial property in net terms contracted in October, in line with lending to the economy as a whole. Indeed, banks’ exposure to the sector continues to fall, with lending to development... 30th November 2015 · 1 min read
UK Commercial Property Data Response IPF Consensus Forecasts (Nov) Our forecasts put us towards the high end of the current Consensus. However, given our view that productivity will deliver a positive surprise, helping to keep interest rates and property yields low... 27th November 2015 · 1 min read