Market overview
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Property Snapshot, November 2008 (PDF 245KB)
URL for PDF: /documents/Research-MarketOverview/rese_PropertySnapshot_1108.pdf
Services surveys suggest Q4 GDP will contract by at least as much as in Q3. Banks are asking investors not to draw down on agreed facilities. Year-end valuations expected to see large shift towards actual market pricing.
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Property Snapshot, October 2008 (PDF 248KB)
URL for PDF: /documents/Research-MarketOverview/rese_propertySnapshot_1008.pdf
Sentiment indictors suggest that the UK economy is contracting. Bank lending to commercial property has come to a virtual halt. Retail administrations are becoming a feature of the market, both in-town and out-of-town.
Offices
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Manchester Net Stock Absorption, Q4 2008 (PDF 602KB)
URL for PDF: /documents/Research_office/rese_ManchesterOfficesNSA_q408.pdf
Absorption of Grade A space will be critical to the health of the Manchester occupational market over the next 12 months.
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Central London Net Stock Absorption, Q4 2008 (PDF 1,009KB)
URL for PDF: /documents/Research_office/rese_LondonOfficesNSA_q408.pdf
Completed pre-let developments have a major impact, as NSA remains positive.
Industrial
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2008 Industrial Rents Map (PDF 2,869KB)
URL for PDF: /documents/Research_industrial/rese_industrialrentsmap_2008.pdf
Prime rents, secondary rents and land values per acre across the UK.
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2008 Big Sheds Map (PDF 2,309KB)
URL for PDF: /documents/Research_industrial/rese_bigshedsmap_2008.pdf
Prime rents, secondary rents and land values per acre across the UK.
Retail
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Shopping Centre Development Pipeline, Autumn 2008 (PDF 1,273KB)
URL for PDF: /documents/Research_retail/rese_ShoppingCentreDevelopmentPipeline_q408.pdf
A large proportion of the decrease in the amount of potential new shopping centre floorspace can actually be attributed to a more positive rationale – that 2008 has been a record year for shopping centre completions.
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Food Stores, Autumn 2008 (PDF 316KB)
URL for PDF: /documents/Research_retail/rese_FoodStoresPaper_q408.pdf
Food stores receive much corporate and trading coverage but the property market has been poorly covered up until now. This first research paper on the UK food store property market attempts to put this right.
Investment
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Real Estate Investment Forecast, Q3 2008 (PDF 290KB)
URL for PDF: /documents/Research_investment/rese_reif_q308.pdf
We are forecasting all property total returns of -10.9% in 2008 and there are no signs of the logjam in the lending markets ending.
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Property Pricing Survey, July 2008 (PDF 726KB)
URL for PDF: /documents/Research_investment/rese_propertypricingsurvey_0708.pdf
Total returns for 2008 are expected to be -6.1%, a further downward adjustment of 470 bps from theMarch survey of -1.4%.
Residential
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Housing Market Overview, October 2008 (PDF 298KB)
URL for PDF: /documents/Research_residential/rese_HousingMarketOverview_1008.pdf
This current run of consecutive falls is the longest in the history of the index.
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Housing Market Overview, August 2008 (PDF 286KB)
URL for PDF: /documents/Research_residential/rese_HousingMarketOverview_0808.pdf
The monthly house price index fell for the sixth consecutive month in July.
Hotel
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Hotels Snapshot, H1 2008 (PDF 143KB)
URL for PDF: /documents/Research_hotel/rese_HotelsSnapshot_h108.pdf
Despite the reported concerns over the UK property market (particularly residential and commercial investment) the hotel sector continues to remain relatively robust.
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Hotels Market Review 2008 (PDF 739KB)
URL for PDF: /documents/Research_hotel/rese_hotelsmarketreview_2008.pdf
80% of clients expect trading conditions in 2008 to be the same or better than the previous year. Source: Colliers Robert Barry key client survey (February 2008)
Speciality
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Specialist Care Homes, Autumn 2008 (PDF 221KB)
URL for PDF: /documents/Research_specialty/rese_SpecialistHomesReview_q408.pdf
This is the first in a regular series of papers that will provide in-depth analysis of the specialist healthcare property and business sector, focusing on homes that cater for adults with long term physical and learning disabilities and mental health disorders.
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Care Homes Review, Autumn 2008 (PDF 262KB)
URL for PDF: /documents/rese_CareHomesReview_q408.pdf
In the current economic downturn the long term elderly care sector is one of the few areas holding up comparatively well. Care homes for the elderly will, however, need to focus on residents with higher needs, particularly dementia care, as public funding becomes limited to those with the greatest care requirements.