Prime UK commercial property rents up 1.9% in 2018

Retail

  • At the national level, All Shops reported prime rents decreased -0.4% in Q4 2018.
  • Overall, prime Shops yields increased 5bps over the quarter. Prime Shops yields have increased 34bps in 2018.

Offices

  • Prime rents in the Office sector increased 0.2% in Q4. 
  • Prime Office yields were flat in Q4 and ticked down very slightly over 2018 as a whole (-4bps).

Industrials

  • Industrial prime rents increased 1.7% in Q4, outperforming the other sectors and bringing growth to 8.0% for 2018 as a whole.
  • Industrial sector prime yields were flat in Q4 but have fallen -29bps over the whole of 2018.