UK commercial property update and outlook
April 2022
All Property quarterly total return continued to drift downwards to 5.6% in March, driven by industrial. But to put this in context, All Property total return is running annually at 23% and London multi-let at a quite incredible 51%. Meanwhile office and retail returns are trending at a lower rate but more steadily. All commercial property investment may have dipped to £13.8bn in Q1 but this is still around the long term average and was characterised by strong overseas demand for industrial and London offices.
APRIL HIGHLIGHTS
Q1 All Property quarterly total return
Q1 commercial property investment
2022 GDP forecast
2022 CPI forecast
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