IPD UK monthly property index [electronic resource] end March 2010
IPD UK monthly property index end March 2010 [electronic resource]
- London IPD 2010
- IPD UK Monthly Property Index March 2010 .
Monthly UK commercial property capital growth improved in March 2010, driven by rental and yield movements, to deliver a 3.9% compounded first quarter appreciation, now with a 7.6% 12-month capital growth rate, the highest since 1987. Quarterly capital growth has only been higher than this first quarter rate once during the last boom cycle between 2004 and mid 2007. The office sector's 10 basis point rental value growth was the first positive sector-level figure since October 2008. All property initial yields compressed to 6.7% in March, completing nine consecutive months compression.
IPD UK MONTHLY PROPERTY INDEX
United Kingdom--
333.33 $2 18
Monthly UK commercial property capital growth improved in March 2010, driven by rental and yield movements, to deliver a 3.9% compounded first quarter appreciation, now with a 7.6% 12-month capital growth rate, the highest since 1987. Quarterly capital growth has only been higher than this first quarter rate once during the last boom cycle between 2004 and mid 2007. The office sector's 10 basis point rental value growth was the first positive sector-level figure since October 2008. All property initial yields compressed to 6.7% in March, completing nine consecutive months compression.
IPD UK MONTHLY PROPERTY INDEX
United Kingdom--
333.33 $2 18