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UKIT quarterly bulletin 2008 first quarter 2008 [electronic resource]

By: Language: English Series: Lambert Smith Hampton UKIT Quarterly Bulletin ; First Quarter 2008 Publication details: London LSH 2008Uniform titles:
  • UK investment transactions bulletin
Subject(s): LOC classification:
  • 332.6324 $2 18
Online resources: Summary: Reports that turnover was stronger than expected for the first quarter of 2008, with £7.3bn of transactions recorded, slightly down on the fourth quarter 2007 total of £7.6bn. The office sector was the main focus of investor activity, whilst retail activity only accounted for 22% of turnover. The impact of the credit crunch was evident as the average yield on deals increased by a further 83 basis points, taking the average yield on transactions to 6.15%, over 120 basis points higher than during the first quarter of 2007.

Reports that turnover was stronger than expected for the first quarter of 2008, with £7.3bn of transactions recorded, slightly down on the fourth quarter 2007 total of £7.6bn. The office sector was the main focus of investor activity, whilst retail activity only accounted for 22% of turnover. The impact of the credit crunch was evident as the average yield on deals increased by a further 83 basis points, taking the average yield on transactions to 6.15%, over 120 basis points higher than during the first quarter of 2007.