Finance execs fear office value decline will spread to other sectors
December’s fall of 3% means values plunged by 13.3% during 2022, says CBRE
Billions of pounds could be wiped off values by the end of 2024
Inflation and recession will squeeze borrowing and rents, says UK RE head Nick Montgomery
Rental values also fell by 0.7% in the quarter, according to the CBRE UK Monthly Index
Rather than seeing values plummet, April has shown an easing in the rate of decline, says CBRE
Capital values fell by 3% across UK commercial property in March, while total returns were -2.6%
Capital values across the UK’s commercial property sectors dropped by 0.4% in September