2024-09-09-莱坊-Investment_Yield_Guide_August_2024_4页_336kb

Summary of Prime Yield Guide August 2024

Report Overview

This update from Knight Frank Intelligence, prepared on August 7, 2024, is indicative only and based on rack rented properties, excluding bond type transactions.

Key Yield Changes

• Stable Yields: Many sectors, including Retail sub-sectors (Bond Street, Oxford Street, Open A1 Parks), Leisure, Distribution, Warehousing, and Specialist sectors (Healthcare, Data Centres, Life Sciences), maintained stable yields.
• Increases: Sectors like City Prime, Major Regional Cities, and Budget Hotels saw incremental increases, classified as POSITIVE or STABLE overall.
• Decreases: Some sectors, such as Secondary Distribution, experienced marginal decreases (-0.25%), noted as stable.

Macroeconomic Context

• Economic indicators, including ONS GDP revisions for 2022 showing stronger growth, and a Bank of England base rate cut from 5.25% to 5%, suggest potential impacts on yields.
• Interest rate and bond yields data indicate downward trends, with the 10-year Gilt Redemption Yield down to 3.99%.

Contact Information

Available for inquiries through specified Knight Frank partners.

Disclaimers

This report provides general information only and should not be relied upon. Yields are subject to change, and this data reflects specific property sectors' rack rentals.