• Yields in June presented some degree of stability.However, July is painting a different picture. Prime yields are continuing to move out across the board and apart from West End and City Offices,Shopping Centres and Regional Hotels, we expect further yield softening over the next three months.
• Office yields in the City have stabilised in July and even though they rose by 25 basis points in the last month, they are not predicted to soften any further.
• Shopping Centres and stand alone Retail Warehouses have, with a softening of 50 basis points, seen the largest monthly yield movement. 

According to IPD rental value growth is continuing to slow, dropping to a growth of 2.1% in June compared to 2.5% in May.  This in turn has softened average equivalent yields by 16 basis points as opposed to the 9 basis points seen the previous month.

Prime equivalent yields