Filtered by Subscriptions: UK Commercial Property Use setting UK Commercial Property
This report is only available as a PDF. Click to download. … Bank lending to commercial property (2008Q4) …
5th February 2009
We have long expected commercial property rental values to fall and, in our view, the decline of almost 1.5%y/y in 2008 is just the tip of the iceberg. With GDP set to shrink by 3% this year and by 1% next year, we continue to believe that all-property …
3rd February 2009
This report is only available as a PDF. Click to download. … CIPS/Markit construction PMI (January) …
This report is only available as a PDF. Click to download. … Rents now falling in all sectors; pace of decline to accelerate (Feb …
26th January 2009
Our view is that the sharp rise in the value of commercial property deals in December does not herald markedly more buoyant investment market activity in 2009. Admittedly, activity may lift a bit this year as some equity-rich buyers find the yields on …
15th January 2009
Today’s cut in interest rates to record low levels confirms that, for now at least, monetary policy remains focused on reducing the cost of money. We still expect rates to get down to zero, or very close, before the emphasis switches to boosting the …
8th January 2009
This report is only available as a PDF. Click to download. … CIPS/Markit construction PMI (December) …
5th January 2009
This report is only available as a PDF. Click to download. … Institutional investment in property (2008Q3) …
19th December 2008
The latest De Montfort University report on bank lending to commercial property, if anything, only adds to the gloom hanging over the sector. What’s more, since it relates only to the first half of the year, its downbeat contents and message are likely to …
18th December 2008
The recent dreadful news on the UK economy and the fall in US interest rates very close to zero have convinced us that UK interest rates are set to fall even further than we had previously thought. Rates are effectively heading to zero on this side of the …
This report is only available as a PDF. Click to download. … Falling rents to keep the downward pressure on capital values (Jan 09) …
This report is only available as a PDF. Click to download. … Financial & business services employment (2008Q3) …
17th December 2008
The depreciation of the pound has been one of the few positives for the UK commercial property market over the past year. After all, for overseas investors, the pound’s fall has made UK property far cheaper, both in absolute terms and relative to property …
11th December 2008
This report is only available as a PDF. Click to download. … Mergers/acquisitions (‘08Q3) & CIPS construction (Nov ’08) …
2nd December 2008
This report is only available as a PDF. Click to download. … IPF Consensus Forecasts, 2008Q4 …
28th November 2008
This report is only available as a PDF. Click to download. … Colliers CRE/EG Capital Property Pricing Survey …
26th November 2008
This report is only available as a PDF. Click to download. … Higher risk premiums to keep property yields rising (Dec 08) …
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 that it provides some support for economic activity, …
24th November 2008
UK financial markets have responded strongly to the deterioration in the outlook for the domestic and global economies over recent months, with equity prices and bond yields both falling sharply. However, for now at least, the markets appear to be pricing …
20th November 2008
Although it might have been scarcely believable when we published the previous Analyst three months ago, the economic outlook has taken a further major turn for the worse. We now expect a serious economic recession – indeed, one bigger than in the early …
10th November 2008
This report is only available as a PDF. Click to download. … Bank lending to commercial property (2008Q3) and CIPS/Markit construction PMI …
4th November 2008
This report is only available as a PDF. Click to download. … RICS Commercial Property Market Survey, 2008Q3 …
3rd November 2008
This report is only available as a PDF. Click to download. … CBI/GVA Grimley Corporate Real Estate Survey, 2008H2 …
31st October 2008
Since the publication of our original Waste of Space report in 2002, we estimate that firms in the UK have taken action that has resulted in annual property-related cost savings of about 1% of GDP, equivalent to around £15bn. But more can be done, and we …
30th October 2008
This report is only available as a PDF. Click to download. … City office rents lower than a year ago; further weakness ahead (Nov …
28th 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 echoed our view that we are witnessing a structural, not a …
On the basis of the downgrades to our views on the macroeconomic outlook, peak to trough falls in all-property capital values of about 40% now seem likely. That would be a bigger drop than the forecast from our August Commercial Property Analyst of 35%, …
22nd October 2008
At recent levels of bond yields, taking a view over 10 years or more, a plausible central case is that fair-value property yields are about 6%. But because the immediate outlook for rents is poor, for a shorter horizon – say, five to ten years – …
8th October 2008
This report is only available as a PDF. Click to download. … RICS Construction Survey, 2008Q3 …
6th October 2008
This report is only available as a PDF. Click to download. … Bank of England Credit Conditions, 2008Q3 …
2nd October 2008
This report is only available as a PDF. Click to download. … Deteriorating economy means worse to come for property (Oct 08) …
26th September 2008
This report is only available as a PDF. Click to download. … Financial & business services employment (2008Q2) …
17th September 2008
This report is only available as a PDF. Click to download. … IPF Consensus Forecasts – September 2008 …
5th September 2008
This report is only available as a PDF. Click to download. … CIPS/Markit construction PMI (Aug.) and Mergers & …
2nd September 2008
This report is only available as a PDF. Click to download. … Economy on the tipping point of recession; property outlook grim (Sep …
26th August 2008
Having previously looked complacent, the UK financial markets have started to respond to the gloomier outlook for the macro-economy. Interest rate expectations, bond yields, equities and the pound have all fallen sharply over recent weeks. Nonetheless, …
21st August 2008
There is no immediate end in sight to the commercial property yield correction and, on the back of downgrades to our general economic views since the previous Analyst, we have revised down our property forecasts. We now expect all-property capital values …
11th August 2008
We now expect West End office rental values to fall by 5%y/y this year, by 15% in 2009 and by a further 5% in 2010. This is in spite of the well-documented absence of a significant pipeline of new floorspace supply in the West End office sub-sector, and …
5th August 2008
This report is only available as a PDF. Click to download. … Bank lending to commercial property (2008Q2) and CIPS/Markit construction PMI …
4th August 2008
29th July 2008
This report is only available as a PDF. Click to download. … Yield shift accelerates in June as rental value prospects weaken (Aug …
28th July 2008
In a plausible central scenario, the amount of debt that banks make available to the commercial property market will fall by more than two-thirds, from a total of over £300bn between 2003 and 2007 to a total of just £100bn or so between 2008 and 2012. …
24th July 2008
This report is only available as a PDF. Click to download. … RICS Commercial Property Market Survey, 2008Q2 …
21st July 2008
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 ultimately suffer smaller capital value falls than …
10th July 2008
This report is only available as a PDF. Click to download. … Bank of England Credit Conditions (Q2) …
3rd July 2008
This report is only available as a PDF. Click to download. … Construction indicators: CIPS PMI (June) & RICS survey (Q2) …
2nd July 2008
This report is only available as a PDF. Click to download. … Institutional investment in property (2008Q1) …
26th June 2008
This report is only available as a PDF. Click to download. … Modest fall in all-property rental values, but more to come (Jul 08) …
25th June 2008
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 of the last 21 years and pushed the sector’s share of …
13th June 2008
This report is only available as a PDF. Click to download. … Financial & Business Services Employment (Q1) …
11th June 2008
