CBRE UK prime rent and yield monitor [electronic resource] quarter 1 2010
CBRE UK prime rent and yield monitor quarter 1 2010 [electronic resource]
- London CBRE 2010
- CB Richard Ellis UK Prime Rent and Yield Monitor First Quarter 2010 .
Prime rents rose by 0.6% in the first quarter 2010 after stabilising in the last quarter 2009. Central London offices' rents grew by 6% over Q1. However All Property prime rents fell over the year by 5% with the shops sector faring worst. Prime yields strengthened by 25 basis points (bp) in Q1, taking the All Property prime yield to 6.4%. UK commercial property investment in Q1 with only £4.7bn transacted, highlighting the shortage of good quality stock on the market. The property/gilt yield gap narrowed to 240 bp in Q1 2010 from a peak of 460bp in Q1 2009.
CB RICHARD ELLIS UK PRIME RENT AND YIELD INDEX
United Kingdom--
333.33 $2 18
Prime rents rose by 0.6% in the first quarter 2010 after stabilising in the last quarter 2009. Central London offices' rents grew by 6% over Q1. However All Property prime rents fell over the year by 5% with the shops sector faring worst. Prime yields strengthened by 25 basis points (bp) in Q1, taking the All Property prime yield to 6.4%. UK commercial property investment in Q1 with only £4.7bn transacted, highlighting the shortage of good quality stock on the market. The property/gilt yield gap narrowed to 240 bp in Q1 2010 from a peak of 460bp in Q1 2009.
CB RICHARD ELLIS UK PRIME RENT AND YIELD INDEX
United Kingdom--
333.33 $2 18