The average spread between prime industrial and prime shopping centre yields across mainland Europe has converged for the first time ever as demand for logistics soars on the back of increased levels in e-commerce.
Surveys & research
Estate agent Aston Chase is reporting a spike in the number of Hong Kong nationals buying substantial family homes as they look to upsize their pre-existing properties in London.
UK commercial real estate buyers and sellers disconnected as pricing holds relatively firm during Covid-19 outbreak
Cushman & Wakefield’s proprietary tracker of liquidity, pricing and turnover across UK commercial property reveals a gap between vendor and purchaser expectations on pricing emerging, resulting in a growing number of assets being withdrawn from sale either permanently or temporarily, in the hope that sale conditions will improve later in the year.
European multifamily investment activity is expected to remain strong in Q2 and could surpass EUR22 billion for H1 2020, similar to 2019 levels, the second highest year on record, according to Savills latest research.
Downsizing from a lease is currently the main driver of business demand for flexible office space in the UK, according to a survey by Workthere.
‘Alternative lenders’ will play a pivotal role in post-Covid development finance market, says Hilltop Credit Partners
The coronavirus pandemic has hit the housing market hard but this does not mean that developers looking for financing are out of options, says Hilltop Credit Partners, with the firm predicting a combination of factors will translate into specialist finance providers filling the funding gap.
Adapting to change is challenging at the best of times, but when the pace of change accelerates, it can disorient even the savviest investors. Long accustomed to gauging opportunities in the context of cycles, real estate investors now face a series of bewildering structural changes that will fundamentally transform how they operate in the future.
Capital values fell by -1.1 per cent across all UK Commercial property in May 2020, according to the latest CBRE Monthly Index.
Wetherell is forecasting that there will be a ‘V’ shaped recovery in the Mayfair property market as the London housing market restarts, with the agency’s Q1 2020 analysis showing that the coronavirus (Covid-19) pandemic has realigned the Mayfair market, with second-hand sales paused and fall throughs up during the lockdown. The post-lockdown market is likely to be led by the new homes and lettings sectors.
Demand by corporates to release capital from their real estate assets is increasing, according to JLL’s report Raising Capital from Corporate Real Estate.