Research
Commercial market update Spring 2024
It’s now widely accepted that interest rates have peaked, the key question now is when will the central bank start to cut rates, and how low will they go in the coming year.
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Office market update Spring 2024
The structural change in the office market is ongoing, with strong appetite for best-in-class office space which meets high net-zero requirements and insipid demand for secondary or tertiary space. The investment market was quiet overall in 2023, although some notable deals were struck where pricing was competitive.
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Retail market update Spring 2024
Take-up rose towards the end of 2023, but overall vacancy rates are flattered by the lack of supply in the market. The bright spot for landlords is luxury retail and retail parks, where consumer demand is still relatively stronger.
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Industrial market update Spring 2024
Vacancy rates creep up and rents ease. The recalibration of the Industrial market after the pandemic uplift continues, but overall, the sector continues to outperform compared to other asset classes.
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UK & London rental market update Spring 2024
Demand in the UK rental market hit new highs in 2022 and early 2023, and is now moderating, but is still higher than pre-pandemic averages.
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UK & London sales market update Spring 2024
Average annual UK house prices falls hit a low of -5% in September last year, but have since moderated to around -2%.
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Economic update Spring 2024
The economy grew more than expected in November, according to the latest data from the ONS, but there is still a risk that the UK could dip into recession.
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Residential Forecast 2024
Our outlook for the residential market this year and into 2025.
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Commercial market update Winter 2023
The Bank of England’s decision to keep the base rate on hold at 5.25% for the second consecutive time in November has raised the prospect that interest rates are at their peak.
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Office market update Winter 2023
Flight to quality continues. There has never been such a distinct divergence between prime and secondary property, and this is still being driven by companies adjusting to changing working patterns as well as a desire to meet higher net-zero targets.
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