COmmercial

UK commercial property capital values rise 0.1%




UK commercial property capital values increased by 0.1% across the UK in August, according to the latest research.

The CBRE monthly index revealed that commercial property rental values were flat during the month. 

The industrial sector saw capital values rise 0.7% during the same period, outperforming the other main sectors.

Industrials in the South East continued to outperform those in the rest of the UK, with capital values increasing 0.8% over the month, compared with a 0.6% increase in the rest of the UK.

Rental values in the industrial sector increased by 0.2%.

The retail sector saw capital values fall by 0.4% in August, which followed a decrease of 0.3% in July.

However, capital values in the office sector increased by 0.2% over the month.

In August, capital values were flat in central London, while office capital values in the outer London/M25 and the rest of the UK markets increased by 0.5% and 0.3% respectively.

In addition, rental values increased by 0.1% across the sector in the same period.

“Investors returning from their summer holidays should not have too many surprises awaiting them,” said Robin Honeyman, research analyst at CBRE UK.

“As has been the case all year, industrials continue to outperform, while retail continues to be challenging, with retail capital values at their lowest since December 2016.”

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