Archive - August 2013

London Wall Partners have plenty to say on a wide number of economic and financial matters. This section provides a list of our news and views on a historic basis.

On May 30 we published “UK Economy – Green Shoots” anticipating the improvement in the economy that has become clearer to see in the last few months. Data for the second quarter showed growth of 0.6%, a very healthy pace, house prices all over the country have begun to pick up, and shorter term sentiment indicators are showing a clear improvement in confidence across all sectors of the economy. This note examines the sustainability of the recovery.

Returns from the UK commercial real estate market have arrived at a critical inflection point. A year ago, the average rental yield on commercial property across all regions and types of property was 6% per annum. However, capital values were declining by about 0.5% per month, giving a zero total return to investors.