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UK property values continue to rise as yields fall further
The upward trend in UK property values was maintained in May with prime yields falling 6bp to 5.14% and secondary yields down 29bp to an average of 8.13%. Prime yields have now fallen 54bp over the past 12 months, an implied capital growth rate of 10.2%, but with a fall of 196bp, secondary values have easily outperformed, with implied capital growth of 24.1%.
Warwick Business School signs for The Shard – C&W advises
Cushman & Wakefield, the world’s largest privately-owned commercial real estate services firm, has advised Warwick Business School on its new London campus at The Shard.
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