Investment volumes are picking up again, following very limited activity in April and May.
Demand for UK assets is still present and new geopolitical uncertainties are driving a surge in interest by cross border investors. With the exception of the retail and leisure segments, pricing is generally firm with minor month on month yield compression recorded in some sectors.
When transactional activity fully recovers, further modest yield re-compression is likely. Rents are likely to fall modestly across most market segments this year, with only the industrial sector bucking this trend.