The biggest factor is that the
the European Union is finally completed, removing a political and economic uncertainty that has shadowed the market for years.and economists expect growth to accelerate in the second half of the year. The U.K.’s “settled new relationship” with Europe, plus low interest rates, will drive an uptick in commercial real-estate investment, said Miles Gibson, executive director of U.K. research for real-estate-services firm CBRE. The firm forecasts £48 billion, equivalent to about $66 billion, worth of investment this year, up 30% from £37 billion in 2020.
Colliers International is a bit more bullish, predicting commercial property investment in the U.K. will accelerate by 36%.
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Except for London