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Yields fall in 2002

Series: Property Week ; 67(33) 30 August 2002, 17(1)Publication details: 2002Subject(s): Summary: ARAS (Auction Results Analysis Service) research of the first six months of auction sales by London's top six auctioneers, shows that yields have fallen in every sector of property sold at auction so far this year. Prime yields fell by 0.15% to 6.41% in the first half of 2002. Secondary yields fell 0.17% to 9.94%. The office sector showed the greatest fall of 0.41% to 8.27%, industrial fell 0.29% to 8.44% while retail went down by 0.13% to 8.1%. Graphs.

ARAS (Auction Results Analysis Service) research of the first six months of auction sales by London's top six auctioneers, shows that yields have fallen in every sector of property sold at auction so far this year. Prime yields fell by 0.15% to 6.41% in the first half of 2002. Secondary yields fell 0.17% to 9.94%. The office sector showed the greatest fall of 0.41% to 8.27%, industrial fell 0.29% to 8.44% while retail went down by 0.13% to 8.1%. Graphs.