UK Commercial Property Data Response Construction PMI (Nov.) and Mergers & Acquisitions (Q3 13) The latest construction PMI points to solid confidence in the outlook for occupier demand, supporting our view that 2014 will see a meaningful rental recovery. 3rd December 2013 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Oct.13) Net commercial property lending was negative again in October but, to us, the end of the deleveraging process now seems to be coming into sight. 29th November 2013 · 1 min read
UK Commercial Property Data Response Colliers/Real Estate Capital Pricing Survey (Nov 13) The latest Colliers/Real Estate Capital survey shows that investor sentiment continues to improve, with more regional and/or secondary property coming into favour. However, respondents' expectations... 27th November 2013 · 1 min read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q3 13) Today's RICS data point to an emphatic rebound in occupier market confidence and activity, supporting our view that there'll be a solid rental recovery next year. 8th November 2013 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Oct. 13) The CIPS/Markit construction PMI suggests that confidence in the prospects for commercial property occupier demand is now firmly entrenched. IPD all-property rental values have already shown signs of... 4th November 2013 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Sep.13) Net new lending to commercial property was negative again in September. But lenders' exposure to property is now at its lowest level in a decade and the scope for this long period of deleveraging to... 29th October 2013 · 1 min read
UK Commercial Property Data Response RICS Construction Survey (Q3 13) Today's RICS Construction Survey had a distinctly positive tone, with both residential and commercial property activity reported to have risen strongly in Q3. This points to developers having... 22nd October 2013 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q3 13) Although there were some encouraging signs, the big picture from today’s Bank of England Credit Conditions survey was that lenders still seem nervous about expanding their residential or commercial... 9th October 2013 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Sep. 13) The CIPS/Markit construction PMI suggests that commercial property developers are increasingly confident about the prospects for occupier demand and, hence, rental values. The conventional wisdom is... 2nd October 2013 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Aug.13) Net new lending to commercial property was negative again in August and the sector’s share of total outstanding debt is now only a touch above 9%, the lowest level for a decade. We think this process... 30th September 2013 · 1 min read
UK Commercial Property Data Response Institutional Investment in Property (Q2 13) UK-based investing institutions were net sellers of commercial property in Q2. But this seems more likely to be a temporary blip rather than the start of a sustained sell-off and we think the nascent... 20th September 2013 · 1 min read
UK Commercial Property Data Response Financial and business services sector jobs (Q2 13) The number of financial & business services (FBS) sector jobs rose strongly again in Q2. Despite the looming spike in new Central London office development completions, this continued demand growth... 11th September 2013 · 1 min read
UK Commercial Property Data Response IPF Consensus Forecasts (Q3 13) The spike in mortgage interest rates has taken a toll on housing market activity, but we don’t expect it to knock the housing recovery off course. Nevertheless, with the inventory of homes for sale... 6th September 2013 · 1 min read
UK Commercial Property Data Response Construction PMI (Aug.) and Mergers & Acquisitions (Q2 13) August’s CIPS/Markit PMI indicated that developers anticipate a pick-up in occupier demand in the next few quarters, while the latest mergers and acquisitions (M&A) data were also encouraging. Our... 3rd September 2013 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Jul. 13) Net lending to commercial property was particularly weak in July, although we would be very wary of jumping to the conclusion that banks have abandoned forbearance. Indeed, we suspect that further... 30th August 2013 · 1 min read
UK Commercial Property Data Response RICS Property Survey (Q2) & CIPS/Markit Construction PMI (Jul.) Both Q2’s RICS commercial property survey and July’s CIPS/Markit construction PMI had a positive tone and add to a range of other evidence that the next move in rents will be upwards. Of course, with... 2nd August 2013 · 1 min read
