Prime-secondary gap widens as market hints at recovery
Prime-secondary gap widens as market hints at recovery
- 2011
- Property Week 77(19) 13 May 2011, 36(1) .
Cushman & Wakefield's latest UK property investment market monthly update shows the price gap between the best and second-best properties at its widest since the late 1980s. Prime property yields remained unchanged for the third month at 5.68%. But core prime property yields averaging 5.45% are 176 basis points lower than the second-tier prime yields which average 7.21%. Tables covers comparative yields across all sectors from 2007 to April 2011.
United Kingdom--
Cushman & Wakefield's latest UK property investment market monthly update shows the price gap between the best and second-best properties at its widest since the late 1980s. Prime property yields remained unchanged for the third month at 5.68%. But core prime property yields averaging 5.45% are 176 basis points lower than the second-tier prime yields which average 7.21%. Tables covers comparative yields across all sectors from 2007 to April 2011.
United Kingdom--