Waypoint Asset Management flags UK growth slowdown as September PMI momentum fades

• Waypoint Asset Management flagged a sharp loss of momentum, despite Q2 GDP growth revised up to 0.5% from 0.4%.
• London office demand stayed active, led by JPMorgan AM’s 465,000-sq-ft One Spitalfields pre-let to Jane Street.
• Pricing signals stayed mixed as GPE marketed 30 Duke Street for GBP 250 million at a 4.5% yield, supported by GBP 12.6 million rent.
• UK retail investment improved with Landsec’s GBP 516 million Metrocentre acquisition at a 7.9% net initial yield, funded by a GBP 500 million share issue.
• UK housing supply tightened as England planning approvals fell to 45,315 homes in Q2, down 21% quarter-on-quarter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Waypoint Asset Management published the original content used to generate this news brief on October 05, 2026, and is solely responsible for the information contained therein.