UK commercial property returns rise to 0.9%

Monthly commercial property returns in the UK rose to 0.9 per cent in August, their highest since March 2011.

The IPD monthly index showed that returns were boosted by a 0.4 per cent rise in property values which have grown by a cumulative 0.8 per cent over four straight months since May. Income returns, at 0.6 per cent, have remained steady over the same period.

Jack Fagan

Jack Fagan

Jack Fagan is the former commercial-property editor of The Irish Times