UK Commercial Property Rapid Response

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

The headline CIPS construction PMI barely changed in November, settling at 45.5 from 45.6 in October, and was still below the 50 “no-change” mark. The sharp fall in the commercial balance was offset...

6th December 2023 · 2 mins read

UK Commercial Property Rapid Response

Lending to commercial property (Oct. 23)

While net lending to commercial property increased for the eighth consecutive month in October, this hasn’t translated into higher investment volumes – which fell back again in October. But further...

29th November 2023 · 2 mins read

UK Commercial Property Rapid Response

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

The uptick in the headline CIPS construction PMI from 45.0 in September to 45.6 in October still left it below the 50 “no-change” mark. But despite an improvement in both the commercial activity and...

6th November 2023 · 2 mins read

UK Commercial Property Rapid Response

Lending to commercial property (Sep. 23)

Net lending to property totaled £132mn in September, the lowest amount since February. But looking through the monthly volatility, on a 3-month basis lending has totaled more than £1.5bn in every...

30th October 2023 · 2 mins read

UK Commercial Property Rapid Response

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

The decline in the headline CIPS construction PMI from 50.8 in August to 45.0 in September took it below the 50 “no-change” mark for the first time since January. The fall was driven by a plunge in...

5th October 2023 · 2 mins read

UK Commercial Property Rapid Response

Lending to commercial property (Aug. 23)

29th September 2023 · 2 mins read

UK Commercial Property Rapid Response

S&P Global/ CIPS Construction PMI (August)

6th September 2023 · 2 mins read

UK Commercial Property Rapid Response

Lending to commercial property (Jul. 23)

Net lending to commercial property was positive for the fifth consecutive month in July although, at £297m, the increase was the smallest since lending contracted in February.

30th August 2023 · 1 min read

UK Commercial Property Rapid Response

S&P Global/CIPS Construction PMI (Jul 23)

The headline CIPS construction PMI resumed its upward trend in July, with the rise to 51.7 more than reversing the drop into contractionary territory in June.

4th August 2023 · 2 mins read

UK Commercial Property Rapid Response

Lending to commercial property (Jun. 23)

Net lending to commercial property was once again positive in June at £589m. The continued growth in lending to property contrasts with a contraction in overall sterling lending. Indeed, over the past...

31st July 2023 · 1 min read

UK Commercial Property Rapid Response

RICS Commercial Property Market Survey (Q2 23)

The Q2 RICS commercial survey is in line with our view that, whilst the worst is now behind us, yields will see a further rise this year and rental growth will fall back. That will keep total returns...

27th July 2023 · 2 mins read

UK Commercial Property Rapid Response

S&P Global/CIPS Construction PMI (Jun 23)

After two months of gains the headline CIPS construction PMI reversed course in May, dropping to a five-month low of 48.9, which indicated a contraction in activity.

6th July 2023 · 2 mins read

UK Commercial Property Rapid Response

Lending to commercial property (May 23)

Net lending to commercial property remained in positive territory in May at £621m. And over the past three months, lending has totalled £2.3bn, the highest figure since June 2020. Commercial property...

29th June 2023 · 1 min read

UK Commercial Property Rapid Response

S&P Global/CIPS Construction PMI (May 23)

6th June 2023 · 2 mins read

UK Commercial Property Rapid Response

Lending to Commercial Property (Apr.)

1st June 2023 · 1 min read