Senior Director, UK Valuation & Advisory Services
+44 207 182 2689
Pressure builds on retail sector pricing following negative occupier news whilst all other sectors remain stable/stronger.
- With the exception of retail, demand remains strong for the limited prime assets available with strong and secure income streams, and for clear value add opportunities. Industrial remains the most favoured sector.
- The High Street is now directly suffering from the turmoil in the occupier market with all yields moving out, particular in weaker locations where rental tone remains uncertain. All but the very best shopping centres are suffering a similar fate.
- Offices continue to provide positive returns with good demand for multi let regional properties and more stock coming to the market in the M25/South East sector. Central London continues to be dominated by overseas demand.