CAMFIL HVAC Filtration Solutions
United Kingdom

Domestic Investors Confident in UK Property Market

Portfolio professional landlords in the United Kingdom see opportunities despite a tough economic climage with a majority planning to acquire at least one new asset in the next 12 months according to research commissioned by Handelsbanken.

The Handelsbanken Professional Landlords Survey was conducted by PureProfile in March 2023 and involved a sample of 200 professional property investors with an average portfolio of 29 properties valued individually at £14 million. It involved investors from across the country.

James Sproule, UK Chief Economist, at Handelsbanken plc, comments: “The bottoming out of commercial property prices in Q1 2023 corresponds with reasonably positive sentiment expressed towards the sector in this survey.

“Commercial property values saw a major correction in the second half of 2022 as a direct impact of the higher interest rate environment. Average retail property prices were down by 15%, office prices were also down by 15%, and industrial unit prices were down by 25%.

“In addition, there are the ongoing considerations around post pandemic working practices and retailing habits which, until they are more settled, will be weighing on commercial property valuations.”

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  • Staff Reporter

    FMIndustry.com covers the latest news, trends and opinion from the facilities management (FM) and corporate real estate (CRE) sectors. The FM market is currently estimated to be worth USD 1 trillion annually and is projected to grow at a compounded annualised rate of approximately 5% between now and 2026.

CAMFIL HVAC Filtration Solutions

Staff Reporter

FMIndustry.com covers the latest news, trends and opinion from the facilities management (FM) and corporate real estate (CRE) sectors. The FM market is currently estimated to be worth USD 1 trillion annually and is projected to grow at a compounded annualised rate of approximately 5% between now and 2026.
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