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Property Snapshot February 2020

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The new year has greeted us with a new range of uncertainties.

The coronavirus is beginning to gain traction in property circles as an explanation of a loss of cross-border investment momentum in January. This is possible given the travel restrictions that are in place globally. Brexit uncertainty seems to be withering on the vine as UK businesses seem resigned to having to adapt old business models to new circumstances.

For the moment, occupier markets are stable and still grappling with lack of new space with little respite in sight, although the MSCI Quarterly Index shows a Q4 19 surge in development expenditure. In short, despite some positive signs of renewed business confidence generally and property specifically, it is still too early to see the contours of 2020 as a whole. As ever, we will keep tracking.

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Property Snapshot February 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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