London's three-tier investment market evolution
Language: English Series: Property Week ; 78(24) 15 June 2012, 38(1)Publication details: 2012Subject(s): Summary: Cushman & Wakefield argues that London has evolved into a three-tier investment market: prime secure income, secondary refurbishments, and medium-term income streams. Prime office yields in London remain stable at around 5% in the City and 4% in the West End. Yields on London secondary property are as much as 500 basis points higher depending on the amount of capital to be spent and the letting risk. In the overall UK market prime yields rose by 0.03% to 5.81% in May. Table covers London and regional prime property comparative yields 2007 to date.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L156644 (Browse shelf(Opens below)) | 1 | Available | 156644-1001 |
Cushman & Wakefield argues that London has evolved into a three-tier investment market: prime secure income, secondary refurbishments, and medium-term income streams. Prime office yields in London remain stable at around 5% in the City and 4% in the West End. Yields on London secondary property are as much as 500 basis points higher depending on the amount of capital to be spent and the letting risk. In the overall UK market prime yields rose by 0.03% to 5.81% in May. Table covers London and regional prime property comparative yields 2007 to date.