SHD Logistics is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

UK commercial property capital values increase 0.1% in August

UK commercial property capital values increase 0.1% in August

Across UK commercial property, capital values increased 0.1% in August, according to the latest CBRE UK Monthly Index. Rental values were flat over the month.

Capital values in the Industrial sector increased 0.7% in August, outperforming the other main sectors. South East Industrials continue to outperform those in the Rest of UK, with capital values increasing 0.8% over the month in the South East compared with a 0.6% increase in the Rest of UK. Rental values increased 0.2% across the Industrial sector.

Retail sector capital values fell -0.4% in August, a further fall from the -0.3% reported in July. For the fifth consecutive month, no Retail subsector reported positive capital growth last month. August’s results were pulled down by Retail Warehouses (-0.5%) and Rest of UK High Street Shops (-0.4%). Rental values decreased -0.1% over the month.

Capital values in the Office sector increased 0.2% over the month. In August capital values were flat in Central London while Office capital values in the Outer London/M25 and Rest of UK markets rose 0.5% and 0.3% respectively. Rental values increased 0.1% across the sector last month. Central London rental values were flat. Rental values in Outer London/M25 increased 0.2% and 0.1% in the Rest of UK.

Robin Honeyman, Research Analyst at CBRE UK, said: “Investors returning from their summer holidays should not have too many surprises awaiting them. As has been the case all year Industrials continue to out-perform, while Retail continues to be challenging with retail capital values at their lowest since December 2016.”

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish