UK Commercial Property Outlook The recovery is poised to broaden and accelerate We expect IPD all-property capital values to rise by 8% next year and 5% in 2015, well ahead of our previous forecasts and the current consensus (both about 2% per annum). The upgrades reflect the... 12th November 2013 · 1 min read
UK Commercial Property Outlook The recovery is underway Our central commercial property forecasts are unchanged from the previous Analyst. The recovery has begun and, driven both by gradually rising rents and gently falling yields, we expect all-property... 13th August 2013 · 1 min read
UK Commercial Property Outlook The floor is here but upswing will be slow The main messages of our commercial property forecasts have not changed materially since the previous Analyst. At the all-property level, capital values are more or less at a floor and there is a good... 13th May 2013 · 1 min read
UK Commercial Property Outlook 2013: the first step on the road to recovery? All-property yields moved up modestly in 2012, in line with our forecasts, but we think that this small adjustment is now all but over. Equally, however, renewed falls in yields and rises in capital... 12th February 2013 · 1 min read
UK Commercial Property Outlook The modest downturn is nearly over The economy is set to expand over the next year or two, but only slowly, preventing a strong rebound in property rents. Even so, investor confidence is showing signs of life and we think the current... 13th November 2012 · 1 min read
UK Commercial Property Outlook Weak confidence to weigh on capital values Our forecast that all-property capital values will fall modestly, by between 6% and 7%, from peak to trough is unchanged. The downturn in capital values that we envisage is modest in both scale and... 14th August 2012 · 1 min read
UK Commercial Property Outlook Relapse into recession will extend capital value falls There have been no material changes to the outlook for the UK economy since the previous Analyst and with the double dip in capital values that we have been expecting now evident, we have not altered... 14th May 2012 · 1 min read
UK Commercial Property Outlook The double-dip in property prices is here Capital values edged down in the final stages of 2011 and the weak macroeconomic outlook means that this will not be a blip. The economy will drop back into recession this year. And that will push IPD... 13th February 2012 · 1 min read
UK Commercial Property Outlook Capital values to slide 5% in 2012 We think that UK GDP will be flat in 2012 as a whole, with a technical recession likely in H1. Accordingly, commercial property rental values are likely to fall next year and income security fears... 14th November 2011 · 1 min read
UK Commercial Property Outlook London's office development pipeline sounds alarm bells Our forecast is that all-property total returns will decline from 15% in 2010 to around 8.5% this year, before easing down to between 6% and 7% in both 2012 and 2013. This subdued outlook reflects our... 16th August 2011 · 1 min read
UK Commercial Property Outlook Weak occupier markets will act as a drag on property returns Our assessment is that average property yields will more or less remain at current levels for the next 12 to 18 months and IPD all-capital values will now avoid the modest falls that we had previously... 17th May 2011 · 1 min read
UK Commercial Property Outlook Prime and non-prime price divergence to continue Driven by the non-prime segment, our forecast is that IPD all-property capital values will edge down by about 2% this year. But they will start to rise again in 2012 as rental values gradually... 16th February 2011 · 1 min read
UK Commercial Property Outlook Sub-trend economic growth to restrain occupier market (Q4 10) Our forecast is that annual IPD all-property total returns will average about 9% over 2011-14. The big picture is that low and broadly stable bond yields will support property prices over the forecast... 16th November 2010 · 1 min read
UK Commercial Property Outlook Recovery is over, but fresh capital value falls are unlikely (Q3 10) Our medium-term forecasts are broadly unchanged from the previous Analyst. As we had expected, the recovery in commercial property capital values seems to have run out of steam. However, over the next... 16th August 2010 · 1 min read
UK Commercial Property Outlook Capital values more likely to plateau than peak (Q2 10) Our major macroeconomic forecasts have not changed since the previous Analyst and, broadly speaking, neither have our expectations for the commercial property market. We still expect capital values to... 18th May 2010 · 1 min read
UK Commercial Property Outlook A rally built on shaky fundamentals (Q1 10) We have revised up our near-term commercial property forecasts and expect average IPD capital values to rise by about 10% this year. That is consistent with a very strong total return of about 18%. 16th February 2010 · 1 min read
