Savills: Commercial yields show signs of hardening but meaningful recovery in volumes most likely in Q3

Improving investor sentiment has progressed into yields hardening in some U.K. commercial property sectors, with high street retail yields coming in by 25 basis points and further downward pressure being exerted on them, and the same pressure being reported on shopping centers, London leased hotels and food store assets, according to Savills.

In its latest Market in Minutes report, Savills says that falling debt costs coupled with improving occupational metrics in some sectors have kept the average commercial prime yield relatively steady month-on-month at 6.07 percent. However, while pricing is improving, transaction