UK Commercial Property Update Little relief for property markets in the Pre-Budget Report The Pre-Budget Report (PBR) contained some good news for the commercial and residential property sectors but perhaps less than some might have been hoping for. The bottom line is that, to the extent... 24th November 2008 · 1 min read
UK Commercial Property Update Bank of England Financial Stability Report, October 2008 Unsurprisingly, there was little in the way of positive news in today’s Financial Stability Report (FSR) for the residential and commercial property markets. From a property perspective, the Bank... 28th October 2008 · 1 min read
UK Commercial Property Update Secondary property still set to do worse than prime To date, secondary capital values have fallen by less than prime. As the economy deteriorates, however, we continue to believe that the fundamental desirability of prime buildings will mean that they... 10th July 2008 · 1 min read
UK Commercial Property Update Why have commercial property lending data remained so strong? According to the Bank of England (BoE), the net increase in the stock of loans on banks’ balance sheets secured against commercial property was £9bn in Q1. That was the second highest quarterly total... 13th June 2008 · 1 min read
UK Commercial Property Update De Montfort Lending Review - full year 2007 The headline results from the De Montfort University Review of the UK Commercial Property Lending Market for 2007 have already been widely disseminated, and confirmed anecdotal reports of a sharp... 5th June 2008 · 1 min read
UK Commercial Property Update Slower rate cuts increase recession risks The recent dreadful news on inflation and the Bank of England’s hawkish Inflation Report suggest that interest rates will not fall as quickly this year as we had previously hoped – we have raised our... 15th May 2008 · 1 min read
UK Commercial Property Update Bank of England Financial Stability Report, May 2008 Despite some of this morning’s headlines, the main thrust of today’s Financial Stability Report (FSR) was that downside risks to the financial system, property markets and to the broader economy... 1st May 2008 · 1 min read
UK Commercial Property Update RICS survey highlights vulnerability of retail rental values to falls In a Commercial Property Data Response on Monday, we reported on the aggregate balances from the RICS Commercial Market Survey for 2008Q1, which were worryingly downbeat. Now, having had more time to... 23rd April 2008 · 1 min read
UK Commercial Property Update Why have real office rental values fallen over time? Although there have clearly been major cycles, real all-office rental values are currently 48% lower than their level in 1975. (See Chart 1.) But against the general backdrop of an increasingly... 22nd February 2008 · 1 min read
UK Commercial Property Update Real estate equities down 40%: will property prices follow suit? In our view, there is no reason to believe that just because real estate equity prices have fallen by 40% since the start of 2007 IPD capital values will eventually fall by a similar amount. In fact... 17th January 2008 · 1 min read
UK Commercial Property Update IPF Consensus Forecasts (November 2007) 13th November 2007 · 1 min read
UK Commercial Property Update Commercial property correction to be over next year? 2nd November 2007 · 1 min read
UK Commercial Property Update Bank of England Financial Stability Report, October 2007 25th October 2007 · 1 min read
UK Commercial Property Update Bond market fluctuations do not change outlook for property. 7th August 2007 · 1 min read
