Covid-19 leads to sector divergence in UK Prime commercial property performance

Retail

  • All Shop prime rents decreased -1.0% in Q1 2020.
  • All Shop prime yields increased 45 bps

Offices

  • Prime rents in the Office sector rose 0.5%.
  • Prime yields increased 2bps.

Industrials

  • Industrial prime rents increased 1.9%.
  • Prime yields for the sector moved out 2bps.