UK Long Income Index Q3 2026

UK long income property delivered close to zero total return in Q3 2026, as falling capital values offset a positive income return. The CBRE UK Long Income Index reports declines in capital values across Sale & Leasebacks, Income Strips, and Ground Rents.

Key Findings

• UK long income capital values fell by 1.4% over Q3 2026, and total returns for the quarter were -0.1%.
• Sale & Leasebacks recorded the highest segment total return in Q3 2026 at 0.9%, ahead of Income Strips at 0.2% and Ground Rents at -2.1%.
• The long income net initial yield increased by 7bps to 5.3% during Q3 2026, while rental values fell by 0.8%.

What's in the Full Report

• Total return, capital growth, net initial yield, and internal rate of return for each segment
• Income return, rental value growth, and over-rented share for all long income property
• Year-to-date capital value and nine-month total return performance
• Commentary on the long income discount rate by segment

Download the CBRE UK Long Income Index Q3 2026 for the full segment metrics and market commentary.