According to CB Richard Ellis’ (CBRE) Monthly Index, UK commercial property values fell a further -2.1% in April, taking the market’s drop since its peak to -42.7%.

However, this has eased from March’s fall of -2.7%, and the rate of rental decline also slowed from March’s 1.6% to April’s 1.3%.

All-commercial property equivalent yields, which measures the income return on a property, increased Slightly by 0.1% to reach 0.8% as of end-April.