CBRE UK prime rent and yield monitor [electronic resource] third quarter 2007
CBRE UK prime rent and yield monitor third quarter 2007 [electronic resource]
- London CBRE 2007
- CB Richard Ellis UK Prime Rent and Yield Monitor third quarter 2007 .
Reports that yields rose across all sectors in the third quarter of 2007. The all property average prime yield rose 30 basis points to 5.1% in the third quarter. This is the first quarterly outward shift since 2001 and it takes the all property average prime yield back to first quarter 2006 levels. All property quarterly rental growth fell to 1.1% from 2.3% in the previous quarter. The benchmark UK 10 year gilt yield declined from 5.5% to 5% reflecting investor uncertainty in the financial markets. For the first time since the fourth quarter 2006, all property now has a slightly positive yield gap, over bonds given the rise in property yields.
CB RICHARD ELLIS UK PRIME RENT AND YIELD INDEX
United Kingdom--
333.33 $2 18
Reports that yields rose across all sectors in the third quarter of 2007. The all property average prime yield rose 30 basis points to 5.1% in the third quarter. This is the first quarterly outward shift since 2001 and it takes the all property average prime yield back to first quarter 2006 levels. All property quarterly rental growth fell to 1.1% from 2.3% in the previous quarter. The benchmark UK 10 year gilt yield declined from 5.5% to 5% reflecting investor uncertainty in the financial markets. For the first time since the fourth quarter 2006, all property now has a slightly positive yield gap, over bonds given the rise in property yields.
CB RICHARD ELLIS UK PRIME RENT AND YIELD INDEX
United Kingdom--
333.33 $2 18