Commercial Property Market Review – Autumn 2023
The commercial property market has witnessed significant shifts and developments in recent times. As of September 2023, here are some notable insights and trends:
Knight Frank’s latest research report on the capital’s office market has highlighted that over the last year, family offices and ultra-high-net-worth individuals have purchased £1.3bn worth of London office assets.
Following the recent RAAC (Reinforced Autoclaved Aerated Concrete) controversy, The Institution of Structural Engineers, has urged owners of older commercial property buildings to get their properties surveyed.
Savill’s UK Commercial Market in Minutes has detailed a positive occupational story from the life science, laboratory and technology sector, with investors and developers who were ahead of the curve in terms of renewed interest in the sector.
Read more of the latest commercial property news in our Commercial Property Market Review.