CB Richard Ellis' latest UK Monthly Index shows that the All Property total return slowed only marginally in August, to 0.8% from 0.9% in the previous month. Capital growth increased by 0.3% for the month due to a small amount of yield compression, as rental values remained unchanged from July. The return in August brings the year-to-date total return to 12.3%, with capital values up 7.5% in 2010.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
