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