Regions outside of central London are expected to catch up with it this year, writes Muna Abu-Habsa, investment research analyst at Morningstar OBSR.
A long-awaited resurgence in UK commercial property finally came through last year. Capital values reversed in May 2013, with a small positive growth of 0.01%, having fallen for 18 consecutive months, according to IPD's monthly index.Although a meager increase, this growth then continued to gather pace, with capital values rising 0.6% in September, overtaking income as the principal component of performance and recording the highest monthly rise since April 2010. The IPD UK All Property index returned a solid 15.2% for the three-month period ending 30 November 2013, led by the offices an...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
