United Kingdom Capital Advisors - Monthly Index, December 2018
UK commercial property returns 6.3% in 2018 with mixed fortunes for the Retail and Industrial sectors
- All UK Property capital values fell -0.5% in December while rental values fell -0.1% over the month.
At the All Property level, total returns were 6.3% for 2018 as whole, driven by income returns of 5.4%. Rental values increased 0.5% over the year.
While High Street Shops and Retail Warehouse capital values fell -3.4% and -8.2% over the year, Shopping Centres reported a double-digit decline of ‑10.5%.
Industrial sector total returns reached 18.1% for the whole of 2018, thanks to capital value growth of 12.4%.
The Office sector finished the year strongly, with total returns of 7.9%. Rest of UK Office total returns of 11.5% for 2018 were over double that reported in Central London (5.3%).