Commercial property valuations worsened in Q4 last year as alternative asset yields rose while property yields edged lower, leaving only the prime office sector fairly valued. That said, the falls we expect in government bond yields in the next couple of years should support valuations further ahead.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services