2025年4月投资收益率指南

Prime Yield Guide – April 2025 This yield guide is for indicative purposes onlyand was prepared on 8 April 2025. Knight Frank Intelligence Based on rack rented properties and disregards bond type transactions Prime Yield Guide – April 2025 This yield guide is for indicative purposes onlyand was prepared on 8 April 2025. Knight Frank Intelligence Based on rack rented properties and disregards bond type transactions Prime Yield Guide – April 2025 This yield guide is for indicative purposes onlyand was prepared on 8 April 2025. Knight Frank Intelligence Click here to view previous data L E A D I N GI N D I C A T O R S D E B TM A R K E T– 7A p r i l2 0 2 5 Trump’s tariffs: Shockwaves sent through global markets.Last week, Trump revealed plans toenforce a minimum 10% tariff on all goods entering the US. Among those affected are China, where somegoods will now face tariffs exceeding 50% - along with the European Union, and Japan. All UK exports tothe US will now be subject to a flat 10% tariff, the lowest rate imposed on any G7 economy. Fear gauge fluctuates amid trade uncertainty.Tariff announcements have escalated global tradetensions, triggering a broad reassessment of risk across financial markets. The CBOE VIX volatility index,also known as the ‘investor fear gauge’, surged above 60. While it has since decreased to 40.7, it remainsroughly twice above the long-term average as the tariffs continues to unfold and equity markets fluctuate. Swap rates trending down - though tracking level of US.The UK 5-year SONIA swap rateremains under 4%. Markets are now pricing in three quarter-point rate cuts from the Bank of England.Investors are assessing the balance between growth and inflation, weighing the impact of lower oil pricesagainst the effects of tariffs. Swap rates are expected to stay relatively volatile. I n t e l l i g e n c eL a b E S Gg h t f r a n k . c o m / r e s e a Pension reforms and rising occupiercosts: Exploring the impacts on thelogistics sector Sustainability Series - ESG PropertyInvestor Survey 2025 Prime Yield Guide – April 2025 This yield guide is for indicative purposes onlyand was prepared on 8 April 2025. Knight Frank Intelligence K E YR E S E A R C H K E YC O N T A C T S We like questions. If you would like some property advice , or want more information about our research, we would love to Emily Miller Jeremy Tham Partner – Valuation & Advisory - Head of UK FundValuations+44 20 7861 1483Emily.Miller@KnightFrank.com Partner – Valuation & Advisory - Head of Real EstateFinance Valuations+44 20 7861 1769Jeremy.Tham@KnightFrank.com Chris Galloway Simon Gillespie Partner – Valuation & Advisory - Head of Central LondonValuations+44 20 7861 1292Simon.Gillespie@KnightFrank.com Partner – Valuation & Advisory - Head of BusinessDevelopment UK Fund Valuations+44 20 7861 1297Chris.Galloway@KnightFrank.com Data Centres Global Report – 2025 The Global Data Centres Report examines market dynamics drivingthe industry's evolution, covering investment case fundamentals,capital flows, and yield profiles, as well as assessing marketperformance across primary, secondary, and emerging regions. Will Matthews Matthew Dichler Partner – Research - Head of Commercial+44 20 3909 6842William.Matthews@KnightFrank.com Partner – Valuation & Advisory – UK Fund Valuations+44 20 7861 5224Matthew.Dichler@KnightFrank.com K n i g h tF r a n kV & A D i dy o uk n o w In addition to valuing assets in the main property sectors andhaving award winning teams in the Healthcare, Student andAutomotive sectors, Knight Frank also has expertise in : •Life Sciences•Income Strips•Ground Rents•Trading assets•Expert Witness•IPOs •Waste and Energy•Infrastructure•Garden Centres•Film Studios•Serviced Offices•Data Centres Knight Frank Research provides strategic advice, consultancy services and forecasting to a wide range of clients worldwide including developers, investors,funding organisations, corporate institutions and the public sector. All our clients recognise the need for expert independent advice customised to their specificneeds. Important Notice:© Knight Frank LLP 2025. This report is published for general information only and not to be relied upon in any way. Although highstandards have been used in the preparation of the information, analysis, views and projections presented in this report, no responsibility or liability whatsoevercan be accepted by Knight Frank LLP for any loss or damage resultant from any use of, reliance on or reference to the contents of this document. As a generalreport, this material does not necessarily represent the view of Knight Frank LLP in relation to particular properties or projects. Reproduction of this report inwhole or in part is not allowed without prior written approval of Knight Frank LLP to the form and content within which it appears. Knight Frank LLP is a limitedliability partnership registered in England with registered number OC305934. Our register