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The latest CBRE Prime Rent and Yield Monitor showed that rental values continued to increase in Q3 2014, growing by 0.6% over the quarter. While prime yields fell by an average of 7 basis points to 5.7% over the quarter. The combination of slowly growing rents and decreasing yields resulted in capital value growth of 1.8% for the last three months and 11.0% over the year.
Come and visit the CBRE Reinstatement Cost Assessments Team at stand 96 at the Airmic conference 2014 in Birmingham 16th-18th June. The Airmic conference is one of the biggest events for the insurance and risk management industry, with this year’s theme around “Shaping the Future of Risk”.
Having had a wide range of cities play host to the annual BCO Conference, 2014 see’s the well established event head to Birmingham for the three-day industry conference. With the theme ‘Leading for Change’, the 2014 conference will explore the evolving office sector focusing on new ways of creating modern and innovative environments for people to work in.
Latest research from CBRE Residential reports a significant proportion of London-specific residential investors are now appraising built-to-rent opportunities in cities such as Manchester, Birmingham, Bristol and Leeds.