Commercial Property Market Review July 2022

Our commercial property market review is intended to provide background to recent developments in the commercial property market as well as to give an indication of how some key issues could impact in the future.

The report covers…

Strong first half for commercial property: Investment and take-up performed strongly in H1 2022, according to Savills’ latest UK Commercial Property update, while vacancy rates remained low…

Shopping centre investment up in H1 2022: Investment in UK shopping centres has increased by 169% year-on-year, according to Knight Frank’s H1 2022 Retail Investment Report, as investors prepare for an anticipated return to pre-pandemic shopping habits…

Quality logistics space still in demand: High demand and an acute lack of available stock have pushed the UK vacancy rate to a new low of 1.18%, according to CBRE’s UK Logistics figures Q2 2022, as quality space continues to dominate the market.

Commercial property currently for sale in the UK (overall figures, from Zoopla)

Google’s 330-metre vote of confidence in office working: Construction has been completed at Google’s new UK HQ, the first Google-owned and designed building outside the US, in a sign of the company’s commitment to post-pandemic office working.

We are not responsible or authorised to provide advice on investment decisions concerning property, only for the provision of mortgage advice. Commercial lending is available by referral to a master broker.

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