UK property returns fell by 0.2% in August, according to the IPD’s UK Monthly Property Index.
The fall in returns slowed last month after a sharp 2.4% drop recorded in July.
Capital value growth also showed some recovery at -0.6% in August, compared to -2.8% a month before.
July, the first full month following the EU referendum, had seen the biggest falls in capital value growth in the UK since March 2009.
Income return in IPD’s index, which measures the performance of more than 3,300 property investments, stayed stable at 0.5% in July and August.
| Capital value growth | ||||
|---|---|---|---|---|
| Retail | Office | Industrial | Residential | |
| July 2016 | -2.8 | -3.6 | -1.9 | -1.8 |
| August 2016 | -0.8 | -0.9 | -0.3 | -1.8 |
• From August: Capital values down 2.8%
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