Commercial values, rents and returns all fall for the first time since 2012

UK commercial property capital values, rental values and total returns all fell in December 2018 for the first time since May 2012, rounding off a year of mixed fortunes for the industry.

Capital values dipped 0.5% in December, according to the latest CBRE Monthly Index, largely due to retail falling 2.2%. Retail also experienced a 1.7% fall in total returns and a 0.6% fall in rents. Overall total return and rental values were both down 0.1% in December.

Despite falls at the end of the year, total return for all property in 2018 came to 6.3%. It