Prime yields in the UK fell 8 basis points in April to an average of 5.79%, according to the latest capital markets business briefing on the UK from Cushman & Wakefield. This is the lowest level since May 2008, the adviser said, adding that yields are now reportedly stable in most sectors, with downward pressure in just five of the 25 categories analysed, the lowest number for nearly a year.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
