propertytalk Live! - UK commercial property performance diverges in November

propertytalk Live! - UK commercial property performance diverges in November

The UK commercial property market continued to see positive capital growth last month, with values up by 0.2%

• All property values rose by 0.2% over the month, producing total returns of 0.7%.
• Offices were again the top performing sector, with capital growth of 0.4% and total returns of 0.9%.
• Industrials were the weakest performing sector, with total returns of 0.3% following a capital value correction of 0.3%.
• Retail performance showed some deviation in November, with retail warehouse returns improving to 1.1%, while shopping centres suffered a reverse with total returns of only 0.2%. High-street shops returns were up by 0.7%, in line with the All Property average.
• All Property rental values fell by 0.1% in November, with growth in Central London offices countering weakness elsewhere.