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UK Property Snapshot | February 2023

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Consistent with current economic sentiment, commercial real estate investment and leasing activity remained subdued in January.


Yields across all asset types rose significantly in H2 2022, and although they continue to do so in January, there are signs that some sectors are moving closer to stabilisation. 

Highlights in the February Snapshot include:

  • Only £1.3bn transacted in January, marking the slowest start to a year since 2009
  • January’s rise in “All Property” yields was the most modest in five months
  • Strong rental growth maintained across the industrial sector, but slowdown inevitable

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UK Property Snapshot | February 2023

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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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