January saw a notable increase in void periods across England, despite ongoing demand for rental properties keeping prices buoyant.
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House prices have fallen for a fifth consecutive month, and by more than economists were expecting.
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Cash-rich individual investors and family offices are set to seize a greater chunk of the London office investment market this year as debt-reliant institutional investors step back.
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Britain’s boardrooms have been warned to expect a further wave of investor activism.
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The number of company collapses has hit its highest level since the global financial crisis.
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The number of mortgages approved for house purchases fell at the end of last year to the lowest level since the global financial crisis, outside of the pandemic.
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Almost half (47%) of British property company leaders believe life sciences will perform best in terms of financial return in the next 12 months, according to the British Property Federation’s Property Leader Sentiment Survey 2023.
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Months of political turmoil have damaged the UK’s reputation globally and deterred investment from international property investors, say real estate leaders.
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Demand for homes has rebounded in the first few weeks of 2023, but remains well below January 2020-2022 levels, according to Zoopla’s house price index.
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The lockdown-induced demand for space shows little sign of abating, as Greg Pitcher reports.
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Any fears that the UK’s commercial real estate lending market would face a drawn out recovery from the downturn of the Covid-19 pandemic have been assuaged. Lending has bounced back and then beyond its pre-pandemic high, hitting a fresh record of almost £50bn in 2021.
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The number of empty shops has fallen for the first time in consecutive quarters since 2016.
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Some of the world’s biggest property investors are planning to spend billions of dollars on labs and offices for the booming life sciences sector.
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Around £5bn was spent on London office assets over the first three months of the year, making it the largest amount transacted in a single quarter since Q3 2018, according to real estate firm Avison Young.
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Demand for central London offices is a third higher than the five-year average, according to the latest statistics from Savills.
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Applications to convert retail space into homes have risen in the past year, data from commercial law firm EMW has shown.
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Tower block developers are pulling back from London as the cost of doing business in the capital continues to climb.
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The UK’s first vertiport for drones has opened today in a former car park in Coventry.
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Collection of rent for commercial properties has climbed to its highest level since the start of the pandemic
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The number of homes for sale is down by a third compared with what was available before the pandemic.
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