The UK Commercial Property Market was on the rise in February. The increase provided a total return of 0.8% and capital growth of 0.3%, according to CB Richard Ellis’s latest UK Monthly Index.
Commercial Office Property and Office Investment Property were the top performers giving a total return of 1% and capital growth at 0.5%.
Last Month Industrial Commercial Property was the top performer but fell behind in February to offer total returns ar 0.5% and zero capital growth.
London Commercial Property has been on the rise while the rest of the UK we are seeing very different trends. Commercial Office Space outside of London has been the weakest area with total returns coming at 0.3%.
All retail sub-sectors recorded positive capital growth in February, with standard shops and retail warehouses seeing improved results, whilst shopping centre performance stayed flat. Overall the sector as a whole saw returns improve to 0.8% from 0.6% in January, with capital growth of 0.3%.
Large Commercial Property built for the purpose seems to be offering the least return on investment staying flat month on month.
Commercial property to rent average value was unchanged in February, having dropped slightly during the beginning of 2011, suggesting location is important for guaranteed returns.
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