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Property Snapshot May 2021

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The economy has held up well during the third national lockdown. Signs of a strong recovery are encouraging and will support commercial property.

Local election results suggest voter approval of the government’s handling of the pandemic and vaccine rollout. Renewed political stability and a new legislative agenda has set the stage for a full economic reopening and a substantial increase in business activity across the UK.

In this month’s Snapshot we highlight:

  • Commercial property price stability and investor appetite for UK assets

  • Signs of renewed interest for retail assets, as investment volumes pick up in April

  • Stability of occupier markets as economic confidence returns

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Property Snapshot May 2021

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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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