Research
Industrial market update Winter 2024
In short: Capital growth is gaining momentum amid resilient rental growth and stable yields. Increased supply is pushing up vacancy rates, and this may continue into next year, but demand is still strong for well positioned buildings with good ESG credentials, especially as companies look to ensure their supply chains meet net-zero criteria.
Discover moreRetail market update Winter 2024
In short: The recovery in the retail sector has paused, as more challenging economic and financial conditions for households take their toll on this market. After rising in the summer, footfall fell again in Q3, and businesses are facing higher costs when employers’ national insurance rises in April 2025. A lack of new retail development is curbing the rise in vacancy rates.
Discover moreOffice market update Winter 2024
In short: Investment activity starts to rise from a low base, as prime office market gains more momentum. However, demand for secondary and tertiary office space is still low, pushing up vacancy rates across the sector.
Discover moreCommercial market update Winter 2024
Investment activity picks up as commercial property turns the corner, but the divergence within the office market is becoming more entrenched.
Discover moreUK & London rental market update Autumn 2024
The imbalance between demand and supply is easing and rental growth continues to slow from double-digit highs
Discover moreUK & London sales market update Autumn 2024
Activity picked up during the late summer and Autumn after August’s rate cut, and more rate cuts next year will underpin this trend. Buyers will be keen to beat the next stamp duty change in April next year, so vendors will be at an advantage if they bring their home to market sooner rather than later.
Discover moreUK economic outlook & policy update Autumn 2024
Economic growth is expected to gain momentum next year. Base rates will continue to fall, but at a slower rate and are likely to settle slightly higher than anticipated at 3.5% in 2026
Discover moreCommercial market update Autumn 2024
The economy is so far providing a tailwind for the new government. Inflation has fallen, and economic growth has been more robust than expected. The early rate cut at the start of August was a close call, but it has provided a fillip to confidence across the board.
Discover moreOffice market update Autumn 2024
The structural change in the office market is only becoming more entrenched. There’s a continued flight to quality and strong appetite for sustainable best-in-class office space while tenant demand for secondary or tertiary space is in the doldrums.
Discover moreIndustrial market update Autumn 2024
Logistics and standard industrial continue to outperform compared to the rest of the commercial property market, although performance and investment levels have eased over the last 12-18 months.
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