UK Commercial Property Data Response Financial and business services sector jobs (Q4 13) Jobs growth in the financial & business services (FBS) sector at the end of 2013 was very strong. New office completions will weigh a little on City and West End rents this year, but strong demand... 16th April 2014 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q1 14) In both the residential and commercial property sectors, credit supply and demand are rising. However, those looking to secure a mortgage may find things more difficult over the next few months, with... 3rd April 2014 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Mar.14) The CIPS/Markit construction PMI showed that growth in commercial property development was strong again in March. This signals healthy confidence in the outlook for occupier demand. Indeed, the risks... 2nd April 2014 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Feb. 14) Net property lending by banks and building societies in February was the least negative since June last year. Although we shouldn’t read too much into one month’s data, this is another sign that... 31st March 2014 · 1 min read
UK Commercial Property Data Response Institutional Investment in Property (Q4 13) Official data confirm that institutional demand for UK commercial property assets ended last year on a high. However, more timely data suggest that 2014 has got off to a quieter start. Nevertheless... 19th March 2014 · 1 min read
UK Commercial Property Data Response Construction PMI (Feb.) and Mergers & Acquisitions (Q4) Today’s PMI showed that commercial property construction growth slowed a little in February. But it is still growing rapidly and suggests that developers are very confident about the prospects for... 4th March 2014 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Jan. 14) Net property lending by banks and building societies remains negative. But we suspect this is only because distressed stock is finally being sold and the debt repaid. Indeed, with anecdotal evidence... 3rd March 2014 · 1 min read
UK Commercial Property Data Response IPF Consensus Forecasts (Q1 14) Respondents to the latest IPF Consensus survey more or less doubled their projections for capital value growth this year, reflecting a view that yields will fall more quickly than previously thought... 28th February 2014 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Jan 14.) The CIPS/Markit construction PMI suggests that, in January, commercial property developers expanded their workloads at the fastest pace in more than six years. Clearly, developers are confident about... 4th February 2014 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Dec.13) Net commercial property lending by banks and building societies was negative again in December. But there are signs that this long phase of deleveraging is coming to a close, and positive net lending... 30th January 2014 · 1 min read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q4 13) Today’s RICS survey showed that the occupier market recovery now encompasses all sectors and regions, pointing to healthy gains in rents this year. 28th January 2014 · 1 min read
UK Commercial Property Data Response RICS Construction Survey (Q4 13) The latest RICS survey indicates the construction sector recovery is gathering pace, with private housebuilding and commercial property development leading the way. 10th January 2014 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q4 13) The tone of the latest Credit Conditions survey was positive, with the supply of and demand for credit rising in both the residential and commercial property sectors in Q4 last year. But lenders seem... 8th January 2014 · 1 min read
UK Commercial Property Data Response Property Lending (Nov.) & CIPS/Markit Construction PMI (Dec 13.) Net commercial property lending remained negative in November last year, but it would be no surprise to see nascent signs of a fresh pick-up by the end of this year. Elsewhere, the latest construction... 3rd January 2014 · 1 min read
UK Commercial Property Data Response Institutional Investment in Property (Q3 13) As we suggested was likely to be the case, net sales of commercial property by investing institutions in the second quarter proved to be just a temporary blip. Institutions made strong net purchases... 20th December 2013 · 1 min read
UK Commercial Property Data Response Financial and business services sector jobs (Q3 13) Jobs growth in the financial & business services (FBS) sector was strong again in the third quarter. In fact, on past form, the data suggest that our forecast for City and West End office rents to... 18th December 2013 · 1 min read