Share on LinkedInShare on LinkedIn

ARTICLE · 29 JULY 1997

Commercial Property Rent Index

United KingdomReal Estate and Construction
Strengthening Rental Value Growth Follows Occupier Demand in All Sectors

The quarterly growth in the All Property Rent Index, of 1.6%, is the second-highest figure recorded in the nineties. There has now been continuous positive quarterly rental value growth since February 1994 and five-year growth is positive for the first time since the recession.

Retail registered 1.6% quarterly growth. Retailers' more competitive policies have resulted in strong upward pressure on rents, with significant premia being paid for prime locations such as Oxford Street. However, rental value growth remains highly concentrated reflecting the 'shrinking high street' phenomenon. Of the locations in our survey, 40% still have rental values below those of May 1992.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from