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04.11.2015

The reason why "Someone out there likes our real estate"

Last week, I posted a comment on predictions posted by Savills about investment in UK real estate. Now, Legal & General are talking about rental growth and yield, volumes and drivers, and also about a balanced market. We wait to see....

Rental growth has returned to the UK’s commercial property sector, according to Legal & General.At the company’s Fundamentals briefing in London today, Rob Martin, research director for Real Assets, said rental growth was the main driver of commercial property capital growth.“Commercial property rents are rising, buoyed by stronger tenant demand and a shrinking supply of space,” he said. “This is taking over from yield compression as the key source of capital growth.””