Commercial Property Values Have Rebounded 15.1%

The latest Monthly Index from CBRE showed a further acceleration of capital growth in March, taking first-quarter 2010 price rises to 4.4 percent. Total returns, comprising rental value growth and capital value growth, now stand at 6.2 percent in 2010 so far. All commercial property values have now rebounded 15.1 percent since a two-year pricing […]

Record level of returns achieved by funds

The IPD UK Pooled Property Fund Index showed that UK pooled property funds achieved a total return of 10.4% in the fourth quarter of 2009. This is the largest figure in the index’s 20 year history. This lifted the total returns for the year for UK unlisted property funds to -5.4% up from -32% in […]

Values Little Effected by EPC’s

The Estates Gazette reported that energy ratings, introduced by the government in 2008, have failed to encourage tenants to take space in greener buildings. A recent gathering of nine valuers found that energy performance certificates had not had a noticeable effect on values. David Goatman, head of sustainability consultancy at Knight Frank, said the Carbon […]

House Builder Challenging Affordable Housing Quotas

Barratt Developments plc recently lost a challenge against Wakefield council. The developer claimed that the council’s requirement for 30% affordable housing did not adhere to national and regional legislation, which required the council to take into account changing economic circumstances and provide flexibility when determining housing policy quotas. Despite losing their challenge, the case raises some […]

U.S. Commercial Property Prices Hit New Cycle Low

The leading property index:MIT Center for Real Estate (MIT/CRE) has released information showing that the US  commercial real estate prices fell 4.9 percent in the fourth quarter, setting a new low for the current downturn. MIT/CRE publishes not only the price index based on closed deals, but also compiles indexes that separately gauge movements on […]

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    […]

Moscow Attracts Foreign Investment

According to CB Richard Ellis the total investment volume last year in commercial property in Russia was a good five billion US dollars – 35 percent more than the year before. And this took place despite the fact that finance had become more difficult for some western investors in the second half of 2007 as […]