UK Commercial Property Data Response RICS Commercial Property Market Survey (Q1) In contrast to this morning’s GDP data, the RICS commercial property survey implies that business confidence and activity levels are healthy. At the margin, this adds weight to our view that the... 28th April 2015 · 1 min read
UK Commercial Property Data Response RICS Construction Survey (Q1) At face value, the RICS construction survey appears to show that commercial property development is expanding strongly, even if it did moderate a touch during the first quarter. Yet the improvement is... 23rd April 2015 · 1 min read
UK Commercial Property Data Response Employment data (Feb.) The labour market has regained considerable momentum following the slowdown in the second half of last year. Accordingly, the demand for commercial property space, and thus rental value growth, is... 17th April 2015 · 1 min read
UK Commercial Property Data Response Commercial property investment (Mar.) The latest snapshot of investment activity offered no evidence that the uncertainty surrounding May’s general election is deterring investors away from UK commercial property. 14th April 2015 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Mar.) The construction PMI moved down to 57.8 in March, meaning that it has reversed the gains made over the first two months of the year. Nevertheless, the rise in the future business expectations index to... 3rd April 2015 · 1 min read
UK Commercial Property Data Response Colliers/Real Estate Capital Pricing Survey The latest Colliers/Real Estate Capital survey shows that forecasts for capital values in 2015 and 2016 are notably higher than in November’s survey. Accordingly, despite the already low level of... 1st April 2015 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Feb.) The latest data from the Bank of England offered further evidence that the commercial property lending market has turned a corner and is no longer acting as a significant headwind for the wider... 31st March 2015 · 1 min read
UK Commercial Property Data Response Employment data (Jan/Q4) Today’s employment data offer additional encouragement for commercial landlords, adding further weight to the idea that occupier confidence is high and that there is little sign that expansionary... 18th March 2015 · 1 min read
UK Commercial Property Data Response Commercial property investment (Feb.) The number and value of UK commercial property deals both dropped for the second month running in February. Yet safe haven demand appears strong and investors are increasingly looking beyond the... 11th March 2015 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Feb.) The construction PMI inched up in February, meaning that it has now reversed a large part of the slowdown recorded at the end of last year. While new orders expanded at decent pace, rising input cost... 3rd March 2015 · 1 min read
UK Commercial Property Data Response IPF Consensus Forecasts (Q1) The latest IPF Consensus expects UK property yields to fall a little further than was previously envisaged. As a result, the Consensus forecasts for capital value growth and total returns have both... 27th February 2015 · 1 min read
UK Commercial Property Data Response Employment data (Dec.) Today’s data from the labour market offer further encouragement for the commercial property market. In particular, the high level of vacancies indicates that most firms are still in an expansionary... 18th February 2015 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Jan.) Having eased in the previous three months, the pace of construction activity in the commercial property sector inched up in January, suggesting that output rates in the sector are stabilising at... 3rd February 2015 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Dec.) Net lending to the commercial property sector contracted again in December. But the pace of the contraction appears to be easing, perhaps a sign that an end to the deleveraging process may now be in... 30th January 2015 · 1 min read
UK Commercial Property Data Response RICS Construction Survey (Q4) Today’s RICS survey shows that activity in the construction sector softened a touch at the end of last year. However, forward-looking aspects for the survey suggest that construction firms still have... 12th January 2015 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Dec.) Activity rates in the construction sector eased again in the final weeks of last year. Nevertheless, the PMI survey suggests that the supply of commercial property is growing steadily and that some of... 5th January 2015 · 1 min read