Welcome to our 3rd Quarter Update of 2024
As we close the 3rd quarter of 2024, the UK commercial property market has faced a mix of stabilisation and ongoing challenges. Despite interest rates holding steady at 5.25% before a reduction to 5% in August (Further discounted to 4.75% in November), investor sentiment is mixed across most sectors. In our latest update we are excited to share our observations on:
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Industrial Properties: Demand remains strongest here, especially for high-quality logistics spaces.
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Office Spaces: The shift towards top-tier, sustainable office spaces
remains prominent.
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Retail Sector: Retail spaces are seeing a shift in tenant demand and rental growth, reflecting a significant move in consumer and business behaviours.
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Company highlights and Team Growth: This quarter, we welcomed new talent and celebrated milestones with team members who have been instrumental in our recent successes.
View our Q3 Digital brochure here >
commercialproperty Dobbin & Sullivan
London
