Capital values across UK Commercial property fell by -0.3% in February 2019, according to the latest CBRE Monthly Index. Rental values fell by -0.1% and total returns were 0.2%.

The Retail sector continued to struggle, suffering a -1.0% fall in capital values in February 2019. Capital values, rental values and total returns were all negative again for the 6^th consecutive month. Shopping Centres recorded the second greatest fall in capital values since July 2016, of -2.1%, as rental values fell by -0.8%. This pushed total returns for the month to -1.6%. High Street Shops reported a decline in capital values of -0.3%, while Rental values were flat. Retail warehouses experienced falls in both capital values (-0.9%) and rental values (-0.5%),

For the thirteenth consecutive month the Office sector recorded positive capital values, rental values and total returns. February 2019 recorded capital value growth of 0.1% and total returns of 0.5%. Rental values increased marginally by 0.1%. West End & Midtown offices were the only submarket to record a fall in capital values (-0.1%). Outside of London, UK offices pulled up the sector average with capital value growth of 0.2% in February.

The Industrial sector again provided a boost to overall results in February. The South East submarket performed strongest, recording 0.5% growth in capital values and 0.3% growth in rental values. However, Rest of UK experienced a fall in capital values (-0.1%).