Savills: Prime office yield of 3.0% and regional shopping centre yield of 4.3% in London
In its March 2016 European Investment Briefing, Savills noted that the prime office yield in London’s West End at the end of last year was 3.0%. The yield had therefore contracted by 25 basis points over the course of 2015. Rental growth over the year was 2.2%. The yield from regional shopping centres was 4.3%, or unchanged through 2015. Savills notes that GDP growth in the UK in 2016 is expected to be 2.5%.
Source : Savills/Mar 2016/London/RET