No fears for tiers of recovering regional markets
No fears for tiers of recovering regional markets
- 2010
- Property Week 76(44) 5 November 2010, 45(1) .
Cushman & Wakefield's October yield data shows strong activity justifying a more bullish outlook on 2010 trading volumes. Prime yields averaged 5.72%, 84 basis points down on the year. Most prime core markets are stable but a weaker position in higher-yielding second-tier markets will soften yields towards the year end. London is notably stronger than the rest of the country in yield and rental trends. Retail and regional office markets will suffer increasingly as spending cuts come on stream.
United Kingdom--
Cushman & Wakefield's October yield data shows strong activity justifying a more bullish outlook on 2010 trading volumes. Prime yields averaged 5.72%, 84 basis points down on the year. Most prime core markets are stable but a weaker position in higher-yielding second-tier markets will soften yields towards the year end. London is notably stronger than the rest of the country in yield and rental trends. Retail and regional office markets will suffer increasingly as spending cuts come on stream.
United Kingdom--