UK Commercial Property Data Response CIPS/Markit Construction PMI (Nov.) Commercial property remained the most active part of the construction sector in November, helping to deliver a modest rise in construction output. But whether this apparent optimism about the occupier... 2nd December 2010 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Oct) Net new lending to commercial property was negative again in October. Low gross lending and borrowers’ focus on repaying existing debt are both likely to have contributed to that weak net figure... 29th November 2010 · 1 min read
UK Commercial Property Data Response IPF Consensus Forecasts (Nov) Respondents to the Q4 IPF Consensus expect that a 6% gain in all-property capital values this year will give way to a modest fall of 2% next year, driven by higher yields. We also expect prices to... 26th November 2010 · 1 min read
UK Commercial Property Data Response RICS Construction Survey (Q3 10) The latest RICS Construction Survey had a distinctly negative tone, with activity in all sub-sectors falling in Q3. Given construction’s key role in the wider recovery to date, the survey thus... 19th November 2010 · 1 min read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q3) The results of today’s RICS survey were very downbeat. Admittedly, they may have been unduly influenced by the fact that the survey responses were taken prior to the Spending Review announcement, when... 2nd November 2010 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Oct.) Today’s PMI showed that the pace of growth in commercial property construction slowed in October but remained positive. To our minds, however, with economic growth set to slow next year and job losses... 2nd November 2010 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Q3) Net new lending to commercial property was negative again in Q3 but the sector’s share of total loan books remains high. However, anecdotal evidence that lenders may now be starting to take a harder... 29th October 2010 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Sep.) Today’s PMI suggested that commercial property construction accelerated sharply in September, pointing to continued confidence on the part of developers about the prospects for occupier demand... 4th October 2010 · 1 min read
UK Commercial Property Data Response Credit Conditions Survey (Q3) and Property Lending (Aug.) Net lending to commercial property was substantially negative again in August and, given banks’ and building societies’ high exposure to the sector, we would expect net lending to remain weak. Today’s... 30th September 2010 · 1 min read
UK Commercial Property Data Response Institutional investment in property (Q2 10) Net institutional property investment in Q2 was positive for the third consecutive quarter. With funds still having cash available to place in the market, our view remains that recent falls in... 24th September 2010 · 1 min read
UK Commercial Property Data Response Financial and business services sector jobs (Q2 10) 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 September 2010 · 1 min read
UK Commercial Property Data Response Mergers and Acquisitions Activity (Q2 10) The nascent recovery in mergers and acquisitions (M&A) activity involving UK firms appears to have stalled in Q2. Against the backdrop of subdued economic growth, M&A activity is likely to remain... 7th September 2010 · 1 min read
UK Commercial Property Data Response IPF Consensus Forecasts (August) Respondents to the IPF Consensus continue to anticipate that commercial property capital values will stabilise over the remainder of this year but will edge lower next year. The weakest forecast is... 3rd September 2010 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Aug 10) Today’s PMI suggested that growth in commercial construction sector activity continued to slow in August, hinting at growing concerns amongst developers about the prospects for economic growth and... 2nd September 2010 · 1 min read
UK Commercial Property Data Response RICS Construction Survey (Q2 10) The latest RICS Construction Survey suggested that activity across the sector as whole dipped in Q2. Encouragingly, however, the slump in public sector construction activity was not mirrored in the... 18th August 2010 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Jul 10) The latest PMI reported that commercial property construction activity rose again in July. These data suggest that developers remain confident about a rental recovery by early 2011. Our view is that... 3rd August 2010 · 1 min read
