投资收益率指南2025年11月

Knight Frank Intelligence Prime Yield Guide – November 2025 Knight Frank Intelligence Prime Yield Guide – November 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 UK 10-year gilt yield falls to lowest level this year.Softer UK inflation earlier this month has keptdownward pressure on gilt yields. The 10-year yield has eased to around 4.40%, marking the lowest levelyear-to-date. Speaking ahead of the 26th November Budget, Chancellor Reeves stressed the importance Meanwhile, markets diverge on outlook for global rate cuts.Market expectations for the end ofthe easing cycle are diverging across major central banks. Terminal rate projections for the Fed and BoEhave moved lower, pointing to deeper policy easing in the US (3.05%) and UK (3.33%), while the ECB’s Q4 insights: key concerns for UK businesses.The latest ONS BIC survey found that 72% of UKbusinesses reported some form of concern ahead of the 26thNovember Budget. Falling demands of goodand services were the primary reported business concern at 15.8%, followed by taxation concerns at Source: Macrobond, ICAP I n t e l l i g e n c eL a b Why ESG as a term may be out, but theaction is not Prime Yield Guide – November 2025 Knight Frank Intelligence We like questions. If you would like some property advice , or want more information about our research, we would love tohear from you. Jeremy Tham Emily Miller Partner – Valuation & Advisory - Head of Real EstateFinance Valuations+44 20 7861 1769 Partner – Valuation & Advisory - Head of UK FundValuations+44 20 7861 1483 Simon Gillespie Chris Galloway Partner – Valuation & Advisory - Head of BusinessDevelopment UK Fund Valuations+44 20 7861 1297Chris.Galloway@KnightFrank.com Partner – Valuation & Advisory - Head of Central LondonValuations+44 20 7861 1292 London Offices Spotlight A quarterly summary of the state of the London office market. Will Matthews Matthew Dichler Partner – Valuation & Advisory – UK Fund Valuations+44 20 7861 5224Matthew.Dichler@KnightFrank.com Partner – Research - Head of Commercial+44 20 3909 6842William.Matthews@KnightFrank.com K n i g h tF r a n k V & A D i dy o u k n o w In addition to valuing assets in the main property sectors andhaving award winning teams in the Healthcare, Student and •Life Sciences•Income Strips•Ground Rents•Trading assets •Waste and Energy•Infrastructure•Garden Centres•Film Studios