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LATEST NEWS & EVENTS August sees commercial property capital growth returns  UK commercial property observers might have noted news that capital growth increased by 0.3 per cent during August. This is according to CB Richard Ellis (CBRE), which revealed that a small amount of yield compression played its part in the real estate performance. In addition, the study showed that rental values were unchanged in comparison with July. Commenting on the figures, David Wylie, head of UK economics and forecasting at CBRE, suggested that people are biding their time before taking on a property. "Investors are looking for more compelling signs of recovery in occupier markets before committing further to the market," he said. However, Mr Wylie noted that there is a different picture in the central London office and retail market, where "there is already evidence of income growth and investor appetite still appears to be strong". It could be said that prime areas in the capital such as Mayfair and Knightsbridge will be particularly resistant in the long term. Posted by Isobel Whitely 
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