UK Commercial Property Data Response IPF Consensus Forecasts February’s IPF Consensus Forecasts were revised higher, given the increased certainty surrounding Brexit. As such, the consensus expects stronger returns for this year, but this was offset by slightly... 28th February 2020 · 2 mins read
UK Commercial Property Data Response IHS Markit/CIPS Construction PMI (Jan.) 4th February 2020 · 2 mins read
UK Commercial Property Data Response Lending to commercial property (Dec.) A large fall in development lending weighed on net lending in December. We expect net lending will remain weak this year as all-property capital values continue to decline and uncertainty surrounding... 31st January 2020 · 2 mins read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q4) The RICS survey showed that occupier demand and investment enquiries remained negative in 2019 Q4, though there was a slight improvement on Q3, outside of retail at least. The outlook for both rents... 30th January 2020 · 2 mins read
UK Commercial Property Data Response RICS Construction Market Survey (Q4) Despite an improvement in sentiment in 2019 Q4, with commercial property values predicted to fall this year and lending conditions tight, a strong rebound in construction activity is unlikely. 23rd January 2020 · 2 mins read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q4) Mortgage availability rose in Q4, as competition between lenders picked up. But with banks competing on price, rather than lowering their credit standards, we think the housing market fundamentals... 16th January 2020 · 3 mins read
UK Commercial Property Data Response Lending to commercial property (Nov.) As expected, net lending to property was relatively weak in November in the run up to UK election. Despite a decisive result in the poll, we don’t think there will be much of an improvement in the... 3rd January 2020 · 2 mins read
UK Commercial Property Data Response IHS Markit/CIPS Construction PMI (Dec.) The headline construction PMI numbers ended 2019 with a whimper, as November’s improvement was reversed. The survey pointed to falling output for most of last year and, despite a post-election easing... 3rd January 2020 · 2 mins read
UK Commercial Property Data Response IHS Markit/CIPS Construction PMI (Nov.) November’s headline construction PMI increased from last month, which pointed towards the slowest decline in construction output since July. Nevertheless, it continues to point to a deterioration. The... 3rd December 2019 · 2 mins read
UK Commercial Property Data Response IPF Consensus Forecasts The November’s IPF Consensus survey highlighted a weakening in the property outlook in the next year, though compensated by some improvement in 2021. Despite this, we think they are still too upbeat... 29th November 2019 · 2 mins read
UK Commercial Property Data Response Lending to commercial property (Oct.) Net lending to property was relatively weak in November. And we don’t expect much of an improvement over the coming months as all-property capital values continue to decline and interest rates look... 29th November 2019 · 2 mins read
UK Commercial Property Data Response RICS Construction Market Survey (Q3) The deterioration in workload expectations is consistent with the fact that, with Brexit uncertainty prolonged and commercial property values expected to fall, a strong increase in the construction... 7th November 2019 · 2 mins read
UK Commercial Property Data Response IHS Markit/CIPS Construction PMI (Oct.) October’s headline construction PMI increased for the first time in four months. But it continues to point to a deterioration in construction activity. Further, with Brexit-uncertainty prolonged, a... 4th November 2019 · 2 mins read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q3) The RICS survey adds to the picture that weakness in the retail sector and Brexit-related uncertainty will continue to weigh on all-property rental values over coming quarters. 31st October 2019 · 2 mins read
UK Commercial Property Data Response Lending to commercial property (Sep.) We don’t expect the recent strength of net lending to property to be sustained as demand for credit is likely to be held back by falling all-property capital values and higher lending costs. 29th October 2019 · 2 mins read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q3) A weaker economic outlook and stronger risk aversion among lenders led banks to tighten credit availability in Q3. What’s more, lending to commercial property was also reined in. 17th October 2019 · 3 mins read
