UK Commercial Property Update Bond market mini-rally unlikely to boost commercial property The recent falls in government bond yields seem to reflect growing expectations that when interest rates start to rise they will not return to the levels seen prior to the financial crisis. Yet... 10th June 2014 · 1 min read
UK Commercial Property Update IPF Consensus Forecasts (Q2) The latest IPF Consensus survey envisages that commercial property rents and capital values will grow steadily over the next two to three years. But some forecasters seem to be growing more concerned... 30th May 2014 · 1 min read
UK Commercial Property Update De Montfort survey confirms improvement in credit conditions The latest De Montfort University (DMU) survey reports that lenders have now largely dealt with their legacy debt issues and that credit is becoming more widely available. However, the survey also... 27th May 2014 · 1 min read
UK Commercial Property Update Are occupier conditions in the North catching up with the South? As the economic recovery broadens, we think that the commercial property market will follow suit. But while some indicators suggest that activity and confidence in the Midlands and the North are... 23rd May 2014 · 1 min read
UK Commercial Property Update Net selling by overseas investors not a major cause for concern A recent modest sell-off by overseas investors in UK commercial property may well prove to be a blip. But even if it does signal the start of a new weaker trend, demand from UK-based investing... 14th May 2014 · 1 min read
UK Commercial Property Update Rising supply is no short-term threat to rents The latest RICS survey painted a picture of increasingly robust occupier demand for commercial property in all sectors, with industrial faring particularly well. To be fair, the survey also showed... 7th May 2014 · 1 min read
UK Commercial Property Update The shopping centre outlook is improving Given the overhangs of empty space, we don’t think shopping centre rents are about to surge. But occupier market conditions are nevertheless improving and investor demand for shopping centres has... 17th April 2014 · 1 min read
UK Commercial Property Update What are the prospects for distribution warehouses? Distribution warehouse rents have not picked up as quickly over the past year or so as we thought they would. But output in the distributive trade sector of the economy is growing strongly and tenant... 11th April 2014 · 1 min read
UK Commercial Property Update How might reshoring affect commercial property? Offshoring in the services sector hasn’t obviously undermined office demand or rents and so it is difficult to see any benefits now from a reverse process of reshoring. But the positive impact for... 8th April 2014 · 1 min read
UK Commercial Property Update Survey evidence continues to bode well for 2014 The latest Colliers/Real Estate Capital (REC) survey confirms that the strong recovery in non-prime property segments has continued in the first few months of 2014. It also highlighted some concerns... 1st April 2014 · 1 min read
UK Commercial Property Update How will the fall in inflation impact retail property? February’s drop in CPI inflation does nothing to reduce the overhang of vacant retail space or the challenges of meeting consumers’ changing shopping habits. But it does bring the end of the squeeze... 26th March 2014 · 1 min read
UK Commercial Property Update Is the South East office market overheating? It is tempting to view the recent spike in capital values in the South East office market as a sign of overheating. Yet the gains to date seem consistent with rapidly improving occupier market... 20th March 2014 · 1 min read
UK Commercial Property Update Has London property lost its appeal? London’s share of commercial property transactions slumped to a four-year low in Q4 last year. But rather than a sign of problems in the London market, which in fact remains buoyant, the data serve to... 10th March 2014 · 1 min read
UK Commercial Property Update Has the retail occupier market turned for the better? Anecdotal evidence suggests that, in general, the worst has passed for retail occupier markets. This is yet to become absolutely apparent in the IPD data, but at least more segments are now recording... 19th February 2014 · 1 min read
UK Commercial Property Update What would an early rate rise mean for property? Our view is that Bank Rate is on hold until late next year. But even if that is wrong and the monetary policy tightening cycle begins this year, market interest rates and the health of the economy... 13th February 2014 · 1 min read
UK Commercial Property Update Industrial rents on course for a strong rise this year Recent data suggest that occupier demand for industrial property is recovering at least as strongly and widely as for the other sectors. Although there are signs that developers are already planning a... 5th February 2014 · 1 min read