The CBRE Retail team knows retail property. Our teams cover retail agency, out of town, shopping centres, lease consultancy and capital markets as well as corporate occupier services, research and consultancy. Based in the west end of London we have an extensive team covering central London retail as well as offices across the rest of the UK specialising in local retail knowledge.
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The latest CBRE Monthly Index shows a steady start to 2015 after the very strong finish to last year, with both January and February recording slower capital and rental value growth.
Average capital value growth for all UK commercial property increased by 0.5% in February, resulting in a total return of 0.9%.
Rental values recorded the same rate of growth as in January (0.2%).
Secondary property in all market segments excl. Central London saw negative capital value growth from Jun 2009 to Oct 2013. Since Nov 2013 there has been capital value growth for secondary property in all segments apart from offices outside the South East.
This month in An Economist and A Financier we compare the increasing positivity in the UK market against the political and economic uncertainty in Europe and analyse why we think this property cycle may still have a few years to run.