JLL UK property index second quarter 2006
JLL UK property index second quarter 2006
- London JLL 2006
- Jones Lang LaSalle UK Property Index .
All property income yield fell by 15 basis points to 5.5%. Quarterly returns to property accelerated from 3.7% in the first quarter to 5.2% in the second quarter 2006, reflecting an annual return of 20.4%, the strongest annual return achieved since December 2004. Further yield compression is expected during the latter half of 2006. The office and industrial sectors produced the strongest returns, 6.0% and 5.4% respectively. Aside from the retail warehousing sector, which exhibited a 0.6% fall, all other sectors saw positive rental growth as a result of improving occupier dynamics. [Taken from research abstract].
JLL UK PROPERTY INDEX
United Kingdom--
333.33016 $2 18
All property income yield fell by 15 basis points to 5.5%. Quarterly returns to property accelerated from 3.7% in the first quarter to 5.2% in the second quarter 2006, reflecting an annual return of 20.4%, the strongest annual return achieved since December 2004. Further yield compression is expected during the latter half of 2006. The office and industrial sectors produced the strongest returns, 6.0% and 5.4% respectively. Aside from the retail warehousing sector, which exhibited a 0.6% fall, all other sectors saw positive rental growth as a result of improving occupier dynamics. [Taken from research abstract].
JLL UK PROPERTY INDEX
United Kingdom--
333.33016 $2 18