UK Commercial Property Chart Pack Yields continue to rise A rise in all-property yields caused capital values to decline by 3% y/y in January. Although we expect yields to rise and rents to edge lower in the months ahead, the rate of decline in capital... 2nd March 2020 · 7 mins read
UK Commercial Property Data Response Lending to commercial property (Jan.) As expected, net property lending at the start of this year was relatively weak. The notable slowdown in lending to standing investment weighed on overall net lending to commercial property. We think... 2nd March 2020 · 2 mins read
UK Commercial Property Data Response IPF Consensus Forecasts February’s IPF Consensus Forecasts were revised higher, given the increased certainty surrounding Brexit. As such, the consensus expects stronger returns for this year, but this was offset by slightly... 28th February 2020 · 2 mins read
UK Commercial Property Outlook Returns to recover as retail emerges from slump A subdued economic outlook and continued contraction in retail are expected to weigh on all-property rents and returns this year. In the near-term, rising property yields will be the result of the... 20th February 2020 · 38 mins read
UK Housing Market Data Response IHS Markit/CIPS Construction PMI (Jan.) 4th February 2020 · 2 mins read
UK Commercial Property Data Response IHS Markit/CIPS Construction PMI (Jan.) 4th February 2020 · 2 mins read
UK Commercial Property Data Response Lending to commercial property (Dec.) A large fall in development lending weighed on net lending in December. We expect net lending will remain weak this year as all-property capital values continue to decline and uncertainty surrounding... 31st January 2020 · 2 mins read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q4) The RICS survey showed that occupier demand and investment enquiries remained negative in 2019 Q4, though there was a slight improvement on Q3, outside of retail at least. The outlook for both rents... 30th January 2020 · 2 mins read
UK Commercial Property Chart Pack All-Property returns hit decade-low Annual returns were just 2.1% in December, the lowest monthly figure since 2010. A marginal rise in yields in the retail sector caused all-property capital values to fall in December and was... 29th January 2020 · 7 mins read
UK Commercial Property Data Response RICS Construction Market Survey (Q4) Despite an improvement in sentiment in 2019 Q4, with commercial property values predicted to fall this year and lending conditions tight, a strong rebound in construction activity is unlikely. 23rd January 2020 · 2 mins read
UK Commercial Property Update Limited upside to development this year Against a weak outlook for both commercial property returns and the UK economy, any upside for development remains limited in 2020. 17th January 2020 · 3 mins read
UK Housing Market Data Response Bank of England Credit Conditions Survey (Q4) Mortgage availability rose in Q4, as competition between lenders picked up. But with banks competing on price, rather than lowering their credit standards, we think the housing market fundamentals... 16th January 2020 · 3 mins read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q4) Mortgage availability rose in Q4, as competition between lenders picked up. But with banks competing on price, rather than lowering their credit standards, we think the housing market fundamentals... 16th January 2020 · 3 mins read
UK Commercial Property Update UK property returns better, but still likely to disappoint Following relatively weak all-property returns last year, we expect that 2020 will see an improvement as the retail downturn bottoms out later in the year. Despite this, even a positive return of... 9th January 2020 · 3 mins read
UK Commercial Property Data Response Lending to commercial property (Nov.) As expected, net lending to property was relatively weak in November in the run up to UK election. Despite a decisive result in the poll, we don’t think there will be much of an improvement in the... 3rd January 2020 · 2 mins read
UK Commercial Property Data Response IHS Markit/CIPS Construction PMI (Dec.) The headline construction PMI numbers ended 2019 with a whimper, as November’s improvement was reversed. The survey pointed to falling output for most of last year and, despite a post-election easing... 3rd January 2020 · 2 mins read
