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Prime-secondary gap widens as market hints at recovery

By: Language: English Series: Property Week ; 77(19) 13 May 2011, 36(1) Publication details: 2011Subject(s): Summary: Cushman & Wakefield's latest UK property investment market monthly update shows the price gap between the best and second-best properties at its widest since the late 1980s. Prime property yields remained unchanged for the third month at 5.68%. But core prime property yields averaging 5.45% are 176 basis points lower than the second-tier prime yields which average 7.21%. Tables covers comparative yields across all sectors from 2007 to April 2011.
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Journal article London Journal article L152958 (Browse shelf(Opens below)) 1 Available 152958-1001

Cushman & Wakefield's latest UK property investment market monthly update shows the price gap between the best and second-best properties at its widest since the late 1980s. Prime property yields remained unchanged for the third month at 5.68%. But core prime property yields averaging 5.45% are 176 basis points lower than the second-tier prime yields which average 7.21%. Tables covers comparative yields across all sectors from 2007 to April 2011.