Research

Industrial market update Winter 2023

Slowing rental growth. Robust occupational market conditions amid tight supply are helping to maintain a continued confidence after significant repricing in the sector.

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Industrial distribution warehouse construction frame in england uk

Retail market update Winter 2023

Slowing market. Prime high street assets are among the best performing within retail – these assets have stabilised and there is opportunity for future rental growth where values have been rebased.

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Shoppers on retail high street

UK & London lettings update Autumn 2023

The ONS measure of rental growth shows London rents up by 6% in a slow climb from 0.1% at the start of 2022. In prime London, the bounce-back in rents was much faster and stronger.

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London red brick houses in Autumn

UK & London sales market update Autumn 2023

Average house prices continue their downward trajectory, with values falling 5.3% in the year to September. Our quarterly update examines the latest trends in the UK, London, and prime London sales markets.

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Kensington property in winter

Hyde Park market focus: Autumn 2023

A new seasonal trend? The housing market is traditionally quite seasonal, with busy periods in Spring, Autumn and the New Year, as buyers and movers use markers of the year as a goal to settle into a new home.

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Residential terraced street near Hyde Park, London

Wapping & Limehouse market focus: Autumn 2023

The Bank of England has raised the base rate multiple times this year, but the messaging from rate-setters at the central bank is that we could be nearing the peak. This has allowed the money market rates, which determine the price of fixed-rate mortgage lending to fall back a little.

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Limehouse Marina

Shad Thames market focus: Autumn 2023

Activity in the London sales market has eased this year compared to a very busy 2022, as rising interest rates and a more uncertain economic outlook affect the whole UK housing market.

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Shad Thames

Commercial market update Autumn 2023

Will they? Won’t they? This is the key question around whether the UK’s base rate will exceed 5.75%. There have been enough mixed messages to muddy the waters – inflation data released in June showed that inflation was stuck at 8.7% in May, which prompted forecasts that the base rate would peak at 6.5% from the current rate of 5.25%.

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London cityscape

Office market update Autumn 2023

UK office vacancy rate continues to climb. Weak demand and strong supply are resulting in an ever-rising vacancy rate for offices across the UK, which has hit 7.7%, up from less than 5% before the pandemic.

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Empty meeting room in an office

Retail market update Autumn 2023

The retail environment remains challenging. The rising cost of living, and recent disappointing weather have led to a further tick down in overall sales.

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A modern floor with legs of a crowd in the background