CBRE UK monthly index [electronic resource] June 2007
CBRE UK monthly index June 2007 [electronic resource]
- 2007
- CB Richard Ellis UK Monthly Index June 2007 .
Reports the all property total return to be unchanged at 0.8% during May, after rental and capital growth of 0.4%. The 3-month short term indicator of all property capital is close to a historic 3-year low. Equities provided the strongest asset class, returning 2.8%. The FTSE All Share outperformed property for the first time in 2007, with an annual return of 21.7% against 15.5%. The benchmark government bond yield has risen 70bp, pushed up by interest rates of 5.5%. The UK manufacturing market showed signs of improvement, helping towards the expected 2.7% growth expected for 2007.
CB RICHARD ELLIS UK MONTHLY INDEX
United Kingdom--
Reports the all property total return to be unchanged at 0.8% during May, after rental and capital growth of 0.4%. The 3-month short term indicator of all property capital is close to a historic 3-year low. Equities provided the strongest asset class, returning 2.8%. The FTSE All Share outperformed property for the first time in 2007, with an annual return of 21.7% against 15.5%. The benchmark government bond yield has risen 70bp, pushed up by interest rates of 5.5%. The UK manufacturing market showed signs of improvement, helping towards the expected 2.7% growth expected for 2007.
CB RICHARD ELLIS UK MONTHLY INDEX
United Kingdom--