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JLL UK property index second quarter 2006

By: Language: English Series: Jones Lang LaSalle UK Property IndexPublication details: London JLL 2006Subject(s): LOC classification:
  • 333.33016 $2 18
Online resources: Summary: All property income yield fell by 15 basis points to 5.5%. Quarterly returns to property accelerated from 3.7% in the first quarter to 5.2% in the second quarter 2006, reflecting an annual return of 20.4%, the strongest annual return achieved since December 2004. Further yield compression is expected during the latter half of 2006. The office and industrial sectors produced the strongest returns, 6.0% and 5.4% respectively. Aside from the retail warehousing sector, which exhibited a 0.6% fall, all other sectors saw positive rental growth as a result of improving occupier dynamics. [Taken from research abstract].

All property income yield fell by 15 basis points to 5.5%. Quarterly returns to property accelerated from 3.7% in the first quarter to 5.2% in the second quarter 2006, reflecting an annual return of 20.4%, the strongest annual return achieved since December 2004. Further yield compression is expected during the latter half of 2006. The office and industrial sectors produced the strongest returns, 6.0% and 5.4% respectively. Aside from the retail warehousing sector, which exhibited a 0.6% fall, all other sectors saw positive rental growth as a result of improving occupier dynamics. [Taken from research abstract].