Market Report -- Manchester, United Kingdom

Market Research

Properties

Manchester, United Kingdom

Metropolitan Area Economic Overview
Calculations for all indices were provided by SRC, LLC

Market Research provided by NAI Fuller Peiser
Last Updated: 22-Jun-2006

* Click on each category for a detailed definition.

	RENT/M2/MONTH			NET RENT/SF/YEAR
	Low	High	Effective Avg.	Low	High	Effective Avg.	Vacancy	Investment Yield
Downtown Office
New Construction	215.00	370.00	N/A	$ 35.30	$ 53.03	N/A	25.0%	N/A
Class A (Prime)	161.00	323.00	N/A	$ 26.44	$ 53.03	N/A	5.0%	N/A
Class B (Secondary)	107.00	161.00	N/A	$ 17.57	$ 26.44	N/A	15.0%	N/A

Suburban Office
New Construction	193.00	236.00	N/A	$ 31.69	$ 38.75	N/A	25.0%	N/A
Class A (Prime)	150.00	193.00	N/A	$ 24.63	$ 31.69	N/A	5.0%	N/A
Class B (Secondary)	75.00	129.00	N/A	$ 12.31	$ 21.18	N/A	20.0%	N/A

Industrial
Bulk Warehouse	26.00	66.00	N/A	$ 4.27	$ 10.02	N/A	10.0%	N/A
Manufacturing	26.00	49.00	N/A	$ 4.27	$ 7.88	N/A	15.0%	N/A
High Tech / R&D	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Retail
Downtown	2,500.00	3,229.00	N/A	$ 410.49	$ 530.19	N/A	N/A	N/A
Neighborhood Service Centers	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Community Power Center	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Regional Malls	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Solus Food Stores	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Development Land	Low/Hectare	High/Hectare	Low/Acre	High/Acre
Office in CBD	N/A	N/A	N/A	N/A
Land in Office Parks	200,000.00	1,000,000.00	$ 107,332.00	$ 214,663.00
Land in Industrial Parks	250,000.00	750,000.00	$ 107,332.00	$ 178,886.00
Office/Industrial Land - Non-park	500,000.00	1,000,000.00	$ 357,772.00	$ 715,544.00
Retail/Commercial Land	600,000.00	2,000,000.00	$ 214,663.00	$ 1,431,089.00
Residential	1,700,000.00	3,500,000.00	N/A	N/A

Build on the power of our network™