Commercial

We advise across the main commercial sectors as well as the wider market through the property life cycle using our multi-disciplinary expertise and knowledge.

From developers to investors to occupiers, we provide advice and guidance to ensure you fully understand the opportunities, asset strategies and property fundamentals to enable you to make informed decisions.

Our market knowledge coupled with a broad spectrum of expertise and lateral thinking, combined with our desire to fully understand the client and their business means we can provide high quality advice and opinions at all points through the life cycle of an asset. From the inception of a development idea and its viability, through to the leasing of the accommodation and advice on valuation at key moments, together with seeking to future proof a building we have the experience to assist you whatever your circumstances.

With changes being driven by the environmental and sustainability policies and agendas, combined with our knowledge of how these may impact the different commercial sectors, we are also able to provide thought leadership and objective guidance. This is supported by our research and market insights.

Latest commercial research

Commercial market update Q1 2023

The bond vs property yield spread ticked up in Q4 but remains nearly the narrowest in a decade.

Retail market update Q1 2023

Retail sales ticked up slightly in January but are still down on a three-monthly basis from the post-pandemic highs in the summer of 2021.

Industrial market update Q1 2023

The strong performance in this sector over the last few years mean that the upheaval caused by rising interest rates and the September’s mini-budget, which caused a surge in gilt yields, was more pronounced than other sectors.

Office market update Q1 2023

UK office vacancy rate rises, but masks a two-tier market.

UK economic outlook Q1 2023

The economic outlook for the UK is challenging this year, but there is growing consensus that the downturn will not be as long as previously expected.

Commercial market update Q3 2022

Bond yields have settled down, but property yields are exposed to some repricing as investors take into account higher borrowing costs.

Industrial market update Q3 2022

Rents and capital values surged this year in response to high levels of demand for occupiers and investors alike.

Office market update Q3 2022

The central theme in this sector is the flight to quality by investors and occupiers alike.

Retail market update Q3 2022

This sector was hit hardest by Covid and the cost-of-living led recession will likely deliver another blow.

Commercial market update Q2 2022

Economy is slowing and, early suggestions that we may avoid recession have been swept aside by the Bank of England following on from their August meeting.

Office market update Q2 2022

New hybrid model or edging back to prior status quo?

Industrial market update Q2 2022

Average industrial yields largely held steady for Q2, with the South East at 2.9% and the rest of the UK at 4.2%.

Retail market update Q2 2022

Will recession torpedo Covid recovery?

Industrial market update Q1 2022

The rent rise continues: If the classical economists’ definition of inflation being ‘too much money chasing too few goods’ needed a perfect illustration that the industrial sector is it.

Office market update Q1 2022

Historically there has been a very strong link between employment growth and increased demand for office space. The employment market is one part of the economy that is weathering the current storm well.

Retail market update Q1 2022

with so many bad news headlines over the cost-of-living crisis and geopolitical uncertainty, it is no surprise that consumer confidence has faltered and dramatically so.

Commercial market update Q1 2022

The commercial real estate sector has been through an extraordinary year, outperforming other asset classes with total returns of 23.9% over the past 12 months.

Commercial market update Q4 2021

It has been a long pandemic, and Omicron provided a sharp reminder that it might not be over quite yet. Despite this, there are signs of recovery in all sectors.

Industrial market update Q4 2021

Rental growth continues to rise, hitting 7.2% a year in Q4 2021. Industrial space under construction is at the highest level ever recorded.

Office market update Q4 2021

Large year-end London office deals show confidence in the outlook, but TfL passenger volumes took another hit from Omicron in December.

Retail market update Q4 2021

Slide in retail rents halts, but inflation and interest rates pose a threat as cost-of-living bites.

Connecting the UK

We partnered with YouGov to survey MPs and councillors about the Government’s gigabit rollout plans and the challenges involved in meeting the national targets. In addition, we surveyed businesses and consumers to gain insight into the level of understanding around gigabit capable technology and awareness of the benefits that gigabit connections can bring.

Retail market report Q3 2021

Retail capital values over the last three months have grown by 3.2% (the strongest quarterly rate since 2010) with values stabilising across all retail segments.

Office market report Q3 2021

There are emerging signs of polarisation in the office market between top spec buildings versus those of a lower quality.

Industrial market report Q3 2021

Industrial investment flows are now not only ahead of the same period in 2020 but also significantly ahead of 2019 levels, driven by the continued strength of investor interest in the logistics sector.

Return to the office

For several years pre-pandemic the homework rate was around 5%, compared to 1% in 1981. It rocketed to 37% in April 2020 and remains high as pandemic restrictions ease.

Retail market report Q2 2021

Retail yields have repriced as average UK retail yields are now 6.8% which compares with 5.3% five years ago.

Office market report Q2 2021

Financial service companies are seeking out the best model for hybrid working, with 79% of financial service firms surveyed by CBI/PWC in Q2 2021 reassessing their workspace needs and 82% are planning on implanting hybrid ways of working.

Industrial market report Q2 2021

Investment volumes in the industrial sector over last 12 months increase by 75% as investment levels in the sector have soared.

UK retail market review Q4 2020

Internet sales are 56% higher than they were in February 2020. Non-food store sales are 27% lower than at the start of the pandemic however, despite this, traditional retailers are continuing to grow their online presence and shrink their bricks and mortar portfolios.

UK office market review Q4 2020

UK office market more resilient than expected with declines in values less severe than commentators had predicted.

UK industrial market review Q4 2020

Demand for industrial and warehouse space is driven by the economic performance of the retail, logistics and manufacturing sectors.

UK retail market review Q3 2020

2020 has been a difficult year for bricks and mortar retail. It is a commonly repeated aphorism but nonetheless true that the pandemic together with Lockdown 1.0 and 2.0 have crammed five or more years of anticipated changes in markets into the last nine months.

UK industrial market review Q3 2020

The drivers of demand for industrial real estate will continue to evolve.

UK office market review Q3 2020

Structural changes effecting the UK office market will play out over several years.

UK office leasing review Q2 2020

Coronavirus leads to dramatic declines in leasing activity.

UK office investment review Q2 2020

Transaction volumes decline during lockdown.

UK retail leasing review Q2 2020

Landlords and tenants shared the strain of pandemic lockdown. COVID-19 is accelerating the trend in the shake-out of retail.

UK industrial & distribution review Q2 2020

Transaction volumes declined during lockdown, with investment into distribution most favoured.

UK retail investment review Q2 2020

Retail investment market shuts down during the COVID-19 lockdown.

The commercial connectivity impact report

The majority (65%) of the UK’s commercial landlords have undertaken work to improve the digital connectivity of their buildings, with almost three quarters (72%) of tenants saying that poorly connected offices will become obsolete spaces.

London office market outlook autumn 2018

ons has released its London Office Market Outlook report for autumn 2018, which looks at the health of the office sector by examining some of the key performance indicators.

Autumn budget 2018

The Chancellor unveiled the 2018 Autumn Budget on 29 October, the last before Britain officially leaves the EU in March next year. In our response document, we present our view on some of the key announcements.

London office market outlook summer 2018

Cluttons has released its London Office Market Outlook report for Summer 2018.

The London connectivity report – part one: residential tenants 2018

Cluttons has published the first part of The London Connectivity Report, focusing on residential tenants, carried out in partnership with YouGov.

Meet the team

Robert Burke

Head of project & building consultancy

T +44 (0) 20 7647 7218 Email Robert

John Gravett

Partner – head of real estate management

T +44 (0) 20 7647 7135 Email John

Jonathan Rhodes

Partner

T +44 (0) 20 7647 7246 Email Jonathan

Einar Roberts

Partner

T +44 (0) 20 7647 7128 Email Einar

Building consultancy

At every stage of your property’s lifecycle, and whatever the asset class, we protect your interests with our in-depth, specialist experience and knowledge of construction, building pathology,…

Commercial agency

Agile and highly responsive in our approach we are ideally placed to advise you on buying, selling, leasing, or re-gearing your London and UK offices as well as other types of commercial and…

Commercial & strategic asset management

Our commercial & strategic asset management specialists help you make more of your property by combining tailored, innovative solutions to maximise your investment returns with diligent day-to-day…

Valuation

Whether you are a developer, investor, occupier or public sector, our vision is to understand your objectives and business strategy and provide you with the all the financial and strategic…