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Property Snapshot December 2020

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As a very challenging year draws to an end, we are pleased to share with you our final Property Snapshot of 2020, in which we highlight:

  • Year-to-date investment volumes are down by “only” 18% from 2019 levels
  • Office take-up down, industrial take-up up
  • Demand remains strong for industrial assets, supermarkets and PRS

Although the economy has clearly suffered under various lockdowns and restriction to our daily lives, the commercial property market has remained remarkably resilient. We expect pricing to remain stable in 2021 and cross border investment to help annual transaction volumes to return to levels of around £60bn.

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Property Snapshot December 2020

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Oliver Kolodseike

Director of Economics and Research

Research and Forecasting

London - West End

Oliver is Head of Economic Research and leads the quarterly UK forecasting process including the publication of Colliers' Real Estate Investment Forecasts (REIF) report. He also  authors the monthly Property Snapshot and, quarterly Scotland Snapshot. Prior to joining Colliers, he worked for the Centre for Economics and Business Research and IHS Markit. Oliver holds a BA in Economics from  Georg-August University Göttingen (Germany) and an MSc in Economics from Exeter University.

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