The latest figures are very exciting with healthy raises in capital values and the speculation that many landlords plan to increase rents in the medium term.
The most interesting measure is the yield impact figures that are starting to hit the market with talk of figures as high as 1.75%. This would be the highest yield impact figures seen in the UK Commercial Property sector since the glory days of 2005.
More positive news for capital values as all three commercial property sectors enjoy capital growth, with averages of between 0.8 and 1.4 % in offices, industrial and retail property. This is the first time we have seen an increase in the value of the office sector of the market since 2007.