
This yield guide is for indicative purposes onlyand was prepared on17thDecember2025. Knight Frank Intelligence Prime Yield Guide–December2025 This yield guide is for indicative purposes onlyand was prepared on17thDecember2025. 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. David Shapland Kitty De ContoPartner–Valuation & Advisory–Build to Rent+44 20 7861 1652Kitty.DeConto@knightfrank.com Partner–Valuation & Advisory-Head of Build to Rent+44 20 7861 5455David.Shapland@KnightFrank.com Neil Armstrong Sarah Jones Partner–Valuation & Advisory-Head of Student+44 20 7861 5332Neil.Armstrong@KnightFrank.com Partner–Valuation & Advisory–Student Property+44 20 7861 1277Sarah.Jones@KnightFrank.com C L I C KT OD O W N L O A DS E N I O RS C L I C KT OD O W N L O A DS T U D E N TKnight Frank Research looks at the latest investment and development trends in the UK Living sectors Peter Youngs Oliver Knight Partner–Valuation & Advisory-Head of SeniorsHousing+44 20 7861 1656Peter.Youngs@KnightFrank.com Partner–Research-Head of Residential Development+44 20 7861 5134Oliver.Knight@KnightFrank.com Knight Frank Research looks at the latest investment anddevelopment trends in the UK Living sectors K E YC O N T A C T S C A P I T A L A D V I S O R Y K n i g h tF r a n k V & A Lisa Attenborough D i dy o u k n o w Partner–KFCA-Head of Capital Advisory+44 20 3909 6846Lisa.Attenborough@KnightFrank.com 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 : •Waste and Energy•Infrastructure•Garden Centres•Film Studios•Serviced Offices•Data Centres •Life Sciences•Income Strips•Ground Rents•Trading assets•Expert Witness•IPOs 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 uponin any way. Although highstandards have been used in the preparation of the information, analysis, views and projections presented in this report, noresponsibility 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 registered office is 55 Baker Street, London, W1U BAN, where you may lookat a list of members' names. Knight Frank ResearchReports are available atknightfrank.com/research