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January 25, 2010
Capital Values Rise At Record Rate
Capital Values Rise At Record Rate
According to CBRE’s monthly index, capital values rose by a record 3.3% in December. Retail warehouse values increased by 6.1%. Head of research at CBRE, Peter Damesick attributes the upward turn to “strong demand from overseas investors and renewed flows of money into UK property funds.”
TOTAL RETURN
December | 12 months to December | |
All Property | 3.9 | 4.0 |
Retail | 4.4 | 3.8 |
Offices | 3.5 | 3.0 |
Industrial | 2.9 | 6.5 |
CAPITAL GROWTH
December | 12 months to December | |
All Property | 3.3 | -4.2 |
Retail | 3.8 | -4.2 |
Offices | 2.9 | -4.9 |
Industrial | 2.2 | -2.7 |
RENTAL GROWTH
December | 12 months to December | |
All Property | -0.3 | -8.9 |
Retail | -0.5 | -6.7 |
Offices | -0.1 | -14.9 |
Industrial | -0.4 | -4.3 |