Across UK commercial property, capital values fell -0.2% in July, according to the latest CBRE UK Monthly Index. Rental values increased 0.1% over the month.

In the Retail sector, capital values decreased -0.9% in July, pulled down by Shopping Centres (‑1.3%) and Retail Warehouses (-1.0%). Rental values fell -0.2% over the month, driven by falls in Rest of UK High Street Shops and Shopping Centres, both -0.4%.

Capital values in the Industrial sector increased 0.2% in July, outperforming the other main sectors. South East Industrials continue to outperform the Rest of UK, reporting an increase of 0.3% in July. Capital values in the Rest of UK submarket were flat. Rental values increased 0.2% across the Industrial sector.

Office capital values increased 0.1% in July. Capital values for Central London Offices and Outer London/M25 were flat for the month, while Rest of UK reported marginal growth of 0.1%. Rental values rose 0.2% overall in the Office sector in July. Central London Office rental values increased more than the sector average (0.4%), attributable to 0.5% growth in the West End submarket. Rest of UK Offices reported 0.1% over the month.