
Leading Indicators | Nuance through the noise - UK CRE rental growth showing recovery
18 March 2025
博鱼体育集团
To receive this regular update straight to your inbox every Tuesday, subscribe .
Here we look at the leading indicators in the world of economics.
for in-depth analysis into commodities, trade, equities and more.
BoE set to hold interest rates at 4.50% this week
Central banks globally face a pivotal week with key rate decisions ahead. The Bank of England, US Federal Reserve and Bank of Japan are all widely expected to keep their current rates unchanged at 4.50%, 4.50%, and 0.50%, respectively. In the UK, economists foresee a gradual easing cycle, with three quarter-point rate cuts anticipated, starting in May, bringing rates down to 3.75% by the end of the year.
Multiple international currencies have strengthened against the dollar
Year-to-date, all G10 currencies have strengthened against the dollar, with the Swedish Krona (+10.2%), Euro (+5.7%), and Japanese Yen (+5.0%) leading the gains. The British Pound has also strengthened, rising +3.9% against the greenback. This comes amid growing concerns over US trade policies and economic uncertainty. Despite global currency fluctuations, the pound has remained stable, recently appreciating to $1.30.
UK CRE sees sustained rental growth
The latest MSCI UK Monthly Index shows continued rental growth across all major sectors. Industrial led the way, rising +37% since early 2021, while All Property is up +15%. This sustained growth reflects strengthening demand, particularly in sectors benefiting from structural tailwinds such as e-commerce, supply constraints, and evolving occupier needs.
Subscribe for more
Get exclusive market analysis, news and data from our research team, straight to your inbox.