Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

U.K. Commercial-Property Values Rise for Seventh Straight Month

U.K. commercial real estate values rose for the seventh straight month in November as Britain’s economy strengthened, Investment Property Databank Ltd. said.

The average value of stores, offices and industrial properties climbed 0.9 percent from a month earlier, London-based IPD said in a statement today. Total return, which combines changes in real estate values and rental income, was 1.5 percent, the most since March 2010.

Barclays Plc predicts that U.K. economic growth will accelerate to 2.3 percent next year from 1.4 percent this year. That’s likely to boost demand for stores, warehouses and office buildings and make it easier for landlords to raise rents.

This year “has seen a real turnaround in the performance of commercial real estate, with growth slowly creeping further afield from London during the second half of the year, alongside rising economic confidence,” Phil Tily, a managing director at IPD, said in the statement. “This has driven the rising returns.”

Office values gained 1.4 percent and warehouses climbed 1.6 percent, IPD said. The average value of retail properties rose by 0.4 percent.

Income-producing commercial properties lost value for 17 straight months through March and were unchanged in April before the seven-month rally began.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.