UK Commercial Property Rapid Response

S&P Global/CIPS Construction PMI (Jul 24)

6th August 2024 · 1 min read

UK Commercial Property Rapid Response

Lending to commercial property (Jun. 24)

Net lending to property increased for the third month in a row in June, and the rise of £1.31bn was the largest since the end of 2021. In line with last month the gain was entirely due to a rise in...

29th July 2024 · 1 min read

UK Commercial Property Rapid Response

S&P Global/CIPS Construction PMI (Jun 24)

The headline CIPS construction PMI edged back in June from its two-year high last month, but at 52.2 remains in expansionary territory. Both the commercial and housing balances retreated, with the...

4th July 2024 · 1 min read

UK Commercial Property Rapid Response

Lending to commercial property (May 24)

Net lending to property increased for the second consecutive month in May, rising by £1.0bn. While still modest, early signs of a pick-up in lending is in line with our view that commercial property...

1st July 2024 · 1 min read

UK Commercial Property Rapid Response

S&P Global/CIPS Construction PMI (May 24)

The headline CIPS construction PMI rose to a two-year high of 54.7 in May. Both the commercial and housing balances improved, with the latter rising above 50 for the first time since October 2022...

6th June 2024 · 2 mins read

UK Commercial Property Rapid Response

Lending to commercial property (Apr. 24)

Following two consecutive quarters of declines, net lending to property reached £891m in April. But looking through the monthly volatility, net lending totalled just £692m over the past three months...

31st May 2024 · 1 min read

UK Commercial Property Rapid Response

S&P Global/ CIPS UK Construction PMI (Apr. 24)

The headline CIPS construction PMI rose for the fifth consecutive month to 53.0 in April, a 14-month high. The rise was driven by improvements to the commercial and civil engineering components...

7th May 2024 · 2 mins read

UK Commercial Property Rapid Response

Lending to commercial property (Mar. 24)

30th April 2024 · 1 min read

UK Commercial Property Rapid Response

S&P Global/ CIPS UK Construction PMI (Mar. 24)

The headline CIPS construction PMI rose to 50.2 in February, the first time it has risen above the no change level since August last year. The rise was driven small improvements across the housing...

5th April 2024 · 1 min read

UK Commercial Property Rapid Response

Lending to commercial property (Feb. 24)

2nd April 2024 · 1 min read

UK Commercial Property Rapid Response

S&P Global/ CIPS Construction PMI (Feb. 24)

The headline CIPS construction PMI rose to 49.7 in February, just under the no change level. The rise was driven by the housing component, with commercial activity edging back a touch. As interest...

6th March 2024 · 2 mins read

UK Commercial Property Rapid Response

Lending to commercial property (Jan. 24)

29th February 2024 · 1 min read

UK Commercial Property Rapid Response

S&P Global/ CIPS Construction PMI (Jan.)

The rise in the headline CIPS construction PMI from 46.8 in December to 48.8 in January was driven by improvements in both the housing and commercial readings. (See Chart 1.) While we doubt commercial...

6th February 2024 · 2 mins read

UK Commercial Property Rapid Response

Lending to commercial property (Dec. 23)

Net lending to commercial property increased for the tenth consecutive month in December, but investment sentiment remained downbeat. Looking ahead, we expect investment to slowly recover over H1 2024...

30th January 2024 · 2 mins read

UK Commercial Property Rapid Response

S&P Global/ CIPS Construction PMI (Dec.)

The rise in the headline CIPS construction PMI from 45.5 in November to 46.8 in December was driven by the increase in the housing balance, while the commercial reading fell further. Looking ahead, we...

5th January 2024 · 2 mins read