West End defies cooling investment market
West End defies cooling investment market
- 2010
- Property Week 76(31) 6 August 2010, 34(1) .
London West End offices are the most sought after prime investment market properties with yields dropping 50 basis points to 4% in July, the only subsector in Cushman and Wakefield's latest UK property investment market to do so. Otherwise only offices in secondary cities saw a yield change rising by 25 basis points to 6.75%. Overall prime yields dropped four basis points to 5.75% in July after two static months with stability the trend in most markets. Property is well priced compared with bond yields. Table covers yields and yield movements in 25 investment subsectors.
United Kingdom--
London West End offices are the most sought after prime investment market properties with yields dropping 50 basis points to 4% in July, the only subsector in Cushman and Wakefield's latest UK property investment market to do so. Otherwise only offices in secondary cities saw a yield change rising by 25 basis points to 6.75%. Overall prime yields dropped four basis points to 5.75% in July after two static months with stability the trend in most markets. Property is well priced compared with bond yields. Table covers yields and yield movements in 25 investment subsectors.
United Kingdom--