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