CBRE UK prime rent and yield monitor third quarter 2007 [electronic resource]
Language: English Series: CB Richard Ellis UK Prime Rent and Yield Monitor ; third quarter 2007Publication details: London CBRE 2007Subject(s): LOC classification:- 333.33 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 140901-1001 |
Reports that yields rose across all sectors in the third quarter of 2007. The all property average prime yield rose 30 basis points to 5.1% in the third quarter. This is the first quarterly outward shift since 2001 and it takes the all property average prime yield back to first quarter 2006 levels. All property quarterly rental growth fell to 1.1% from 2.3% in the previous quarter. The benchmark UK 10 year gilt yield declined from 5.5% to 5% reflecting investor uncertainty in the financial markets. For the first time since the fourth quarter 2006, all property now has a slightly positive yield gap, over bonds given the rise in property yields.