UK commercial property update and outlook
February update
There may be some warning signs for the UK economy, but All Property annual total return sailed past 20% in January for the first time since November 2014. Besides the positive drivers from industrial this reflects the absence of the drag from retail that has been a feature for so many years. Shopping centre annual total return finally crossed into positive territory of +1.0% in January. Meanwhile London offices in January had the highest monthly volume of investment transactions on record.
FEBRUARY HIGHLIGHTS
All Property annual total return
Shopping centres annual total return
2022 GDP forecast
2022 unemployment rate forecast
In Brief - January 2022
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