Knowledge Center Archives
The UK Property Investment Market - August 2010
A SUPPLY-LED MARKET - IN MORE WAYS THAN ONE
Office investor demand has grown more selective and views on what is “prime” have sharpened. Anything but the best needs to be well-priced to attract interest, particularly in non-core markets but
investments of the quality buyers are demanding are in short supply. Even in the City the glut of recent months has been absorbed through sales or withdrawals and not yet replaced. UK investors are seeking active management opportunities in the City while foreign demand is more focussed on core
product and on wealth preservation at the smaller end of the West End market. Overseas buyers are still key, notably Middle Eastern players of late, and new sources of demand also continue to emerge – with new Russian, Chinese and Canadian buyers over the last 1-2 months in the City for example.
The UK Property Investment Market - July 2010
HEADING FOR A COOLER SUMMER?
The office market has performed well over the past 1-2 months but most of the good news continues to apply more to London than the rest of the country. Indeed, despite their obvious exposure to global financial markets and international risk appetites, both City and West End investment markets are seeing demand stay ahead of supply. There is also interest in a growing range of assets – albeit with the strongest demand still very much for grade A space. The City has survived both a marked increase in stock availability – with £2.5-3.0bn of new offerings last quarter, which some had expected tooverwhelm the market - and an increase in deal failures as some high profile acquisitions have not completed, only for under bidders or new parties to step forward in most cases.
2010 Financial Reporting-International Valuation Standards
The International Valuation Standards Council - How proposed International Valuation Standards my impact users. A Valuation & Advisory Services Publication.
The UK Property Investment Market - June 2010
WORLD CUP HOLIDAY?
What yield movement we have seen in the past month has been largely in the retail sector, with
Central London shops still pick of the bunch for many and yields on the very best streets falling to just
4%, making it the only submarket where yields have regained their 2007 peak levels. By contrast
demand in parts of the retail warehouse market has eased slightly and yields actually edged up for bulky
goods warehouses, at least for those on open market leases. As in all sectors, stores on indexed leases
are still very much in demand, with yields for food stores on RPI indexed leases in fact under
2010 Medical Office Building Investor Survery
Survey reveals opportunities in a market changing due to health ca re reform and physician shortages.
The UK Property Investment Market - May 2010
GROWING CAUTION IN THE SECONDARY MARKET
Yields were stable across most markets in April, with shopping centres, London retail and City offices
the key areas showing further compression over the month and the only segments where yields remain
With the Election behind us, thoughts are turning to future taxation and the impact of this as well as
wage growth, inflation and interest rates on consumer spending power. This is of course a real concern
for the retail sector, particularly with parts of the market still struggling and further administrations
seen over the last month. However, at least in prime areas, the general message is one of increasing
demand and falling supply. International retailers are a key part of the demand being seen in the best
schemes and centres, notably of course supporting growth in Central London, while discount retailers
are very active in a range of centres and out of town markets are also seeing signs of improvement.
C&W Banking Business Briefing Spring 2010
C&W Banking Business Briefing Spring 2010 reports about the latest developments from banks covering the European office markets (4.quarter 2009 und 1. quarter 2010): take-ups, letting activities and trends. In English.
The UK Property Investment Market
Investors grew slightly more cautious last month, with the Budget in particular focussing minds on what may lie ahead and the uncertainty of an election period.
Deficit reduction and taxation plans will clearly remain an area of concern for some time but at least there has been better news on economic growth and a fall in inflation as well, which may reassure those fearing a substantial early increase in inflationary pressures.
Indeed, for prime property the mood is still optimistic and yields have edged down further, falling 5bp in March to an average of 5.85%, their lowest since May 2008.
Cost Implications of Decentralisation Report - February 2010
Companies remain under pressure to deliver shareholder value, to drive costs down and improve business efficiency. Emphasis is being placed on cutting the cost of real estate to business, and
while this is not a new trend, it is expected that in light of the current economic outlook, further cost cutting and rationalisation will dominate real estate activity in the foreseeable future. As
access to credit/funding improves companies should be in a better position to put real estate plans in place. One way of achieving this is to consider relocating to locations which are more cost effective. While cost alone is unlikely to be the only consideration in determining suitable alternatives, it will be instrumental in determining whether there is any merit in relocation.
Green Building Opportunity Index© - National Overview: Office Markets
New index merges real estate economics with green design metrics
In an innovative new study, Cushman & Wakefield and Northwest Energy Efficiency Alliance’s (NEEA) BetterBricks initiative have published the Green Building Opportunity Index - a comprehensive ranking of the top 25 U.S. markets for high performance, energy efficient office buildings. Find out what factors accelerate the development of green buildings.