Retail warehousing comes under the cosh
Retail warehousing comes under the cosh
- 2012
- Property Week 78(19) 11 May 2012, 30(1) .
Prime yields edged up to 5.78% in April with retail warehouse the sector most under pressure. Cushman & Wakefield's latest UK property market investment briefing shows prime yields rising by 0.02% during the month. In contrast to retail warehouses business space sectors have been more stable: industrial, distribution and London offices remained unchanged; and national offices were up by 25 basis points. Property and location quality are still the factors dividing the market rather than sector. Investors are tightening their definition of prime with the gap between prime and secondary set to widen further. Table cover prime property compartive yields across all sectors 2007-April 2012
United Kingdom
Prime yields edged up to 5.78% in April with retail warehouse the sector most under pressure. Cushman & Wakefield's latest UK property market investment briefing shows prime yields rising by 0.02% during the month. In contrast to retail warehouses business space sectors have been more stable: industrial, distribution and London offices remained unchanged; and national offices were up by 25 basis points. Property and location quality are still the factors dividing the market rather than sector. Investors are tightening their definition of prime with the gap between prime and secondary set to widen further. Table cover prime property compartive yields across all sectors 2007-April 2012
United Kingdom