UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q1) Today’s Credit Conditions Survey suggested that there is unlikely to be a surge in lending flows in either the residential or commercial property market any time soon. Residential credit availability... 1st April 2011 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Feb) Net new lending to standing commercial property in February was positive. However, given that banks’ exposure to property remains high, we doubt that lending flows are about to surge. But today’s data... 29th March 2011 · 1 min read
UK Commercial Property Data Response Institutional investment in property (Q4 10) UK institutional investors made a smaller net purchase of property in Q4 2010 than in Q3, though inflows were still solid by historical standards. With anecdotal evidence suggesting that investors’... 25th March 2011 · 1 min read
UK Commercial Property Data Response Colliers/Real Estate Capital Pricing Survey (Mar 11) The latest Colliers/Real Estate Capital survey showed that commercial property prices are still expected to fall this year, but only modestly, before mild, rent-driven increases are seen in 2012. The... 23rd March 2011 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Feb) In February, the CIPS/Markit construction PMI hit its highest level since last June, driven primarily by a surge in residential construction activity. However, activity in the commercial property... 2nd March 2011 · 1 min read
UK Commercial Property Data Response Commercial Property Lending (Jan) and Mergers & Acquisitions (Q4) Net new lending to commercial property was negative for the tenth month in a row in January and the sector’s share of outstanding bank debt continued to edge lower. We expect this process to remain... 1st March 2011 · 1 min read
UK Commercial Property Data Response IPF Consensus Forecasts (Feb) On average, respondents to the IPF Consensus still expect all-property capital values to edge lower this year, though the scale of the potential fall has been trimmed. Even so, some forecasters think... 25th February 2011 · 1 min read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q4) The latest RICS data contained few surprises. Most importantly, they tend to indicate that the downturn in average rental values is now at an end. However, they also square with our view that any rise... 15th February 2011 · 1 min read
UK Commercial Property Data Response RICS Construction Survey (Q4 10) December’s snow may have distorted the data, but the latest RICS survey nevertheless showed that commercial property, driven by London’s office market, was the only sector to see a rise in... 3rd February 2011 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Dec/Q4) Net new lending to commercial property was negative for the tenth month in a row in January and the sector’s share of outstanding bank debt continued to edge lower. We expect this process to remain... 1st February 2011 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q4) Today’s Credit Conditions Survey showed that in both the housing and commercial property markets lenders have continued slowly to improve the volume of credit that is available, if not its terms... 6th January 2011 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Dec) Construction activity in the civil engineering and housing sectors fell in December while commercial property saw the slowest pace of growth in 10 months. That moderation in the rate of development... 5th January 2011 · 1 min read
UK Commercial Property Data Response Institutional investment in property (Q3) The dip in net purchases of property by UK institutional investors in Q3 may signal the start of a renewed soft patch for property investment. But if we are right that the recent rise in bond yields... 21st December 2010 · 1 min read
UK Commercial Property Data Response Colliers/Real Estate Capital Pricing Survey The latest Colliers/Real Estate Capital survey confirmed that this year’s gains in commercial property capital values are expected to give way to modest falls of perhaps 2% to 3% in 2011. Positive... 20th December 2010 · 1 min read
UK Commercial Property Data Response Financial and business services sector jobs (Q3) The number of jobs in the financial & business services (FBS) sector rose again in Q2, taking the increase since the start of the year to 1.7%, or 104,000 jobs. We remain cautiously optimistic about... 15th December 2010 · 1 min read
UK Commercial Property Data Response Mergers and Acquisitions Activity (Q3) Mergers and acquisitions (M&A) activity involving UK firms strengthened in Q3, a development that is likely to have supported office rents in Central London. Even so, with economic growth likely to be... 7th December 2010 · 1 min read
