UK commercial property investment is still on track to hit the 20% YOY increaae in volume previously forecast by data provider, Capital Economics.
The company's latest report said volumes were still on track to hit the 20% figure, helped by what it called a 'substantial rise in retail transactions'.
It believes that 'decent rental growth outlook' coupled with attractive valuations, particularly for shopping centres, is tempting investors back in.
'With offices still adjusting to the hit from remote work and industrial looking relatively expensive, we think retail will continue to lead the recovery,' the company added.
