Category archives: Property Market Reviews

  H1 hotel investment   The latest Knight Frank analysis of the UK hotel sector shows that transaction volumes were around £860m in H1 2023, 60% below investment volumes for the same period one year earlier.  There is a challenging environment in the UK, reflective of the macro-economic environment, with sluggish GDP growth. Some deals have […]

Firms office space intentions over the next three years  A recent survey conducted by property consultant Knight Frank and Cresa, a commercial real estate firm, has highlighted that over the next three years, half of the biggest international employers (those with more than 50,000 employees) are anticipating reducing their global office space by between 10% […]

Spotlight on UK retail  The recently released shopping centre and high street spotlight from Savills for Q1 has highlighted that although the UK retail investment market has faced challenges, the occupational market has remained buoyant.  From a volume perspective, emphasising consumer cautiousness in the face of high inflation, retail sales declined 3.2% year on year […]

Investor confidence returns as pricing plateaus UK commercial investment volumes totalled £5.6bn in Q1 2023, according to a report from Savills, the second lowest quarterly volume since 2009. Amidst a volatile and unpredictable economic backdrop, investment volumes were lower than any quarter except Q2 2020. The average Savills prime yield now stands at 5.57% after […]

Spring Budget – Investment Zones announced On 15 March, Jeremy Hunt delivered his “Budget for Growth” focusing on four pillars ‘Everywhere, Enterprise, Employment and Education.’ Encompassed within the ‘Everywhere’ pillar, Mr Hunt spoke about the government’s plans for ‘Levelling Up,’ including the launch of 12 new Investment Zones or “potential Canary Wharfs”. For each of […]

Commercial market downbeat but withstanding Conditions in the commercial property market continued to decline in Q4 2022, according to the latest UK Commercial Property Market survey from the Royal Institution of Chartered Surveyors (RICS). At the national level, 83% of respondents consider the market to be in downturn, a slight increase from 81% in the […]

Commercial property deals at ten-year low Commercial property deals have collapsed to their lowest level in more than a decade, with just £7bn transacted in the final three months of 2022, according to CoStar. Investors have faced a series of shocks in the past year, including higher interest rates, the September ‘mini-budget’ and the prospect […]