UK commercial property update and outlook
August 2022
All Property quarterly total return fell sharply again in July to only 1.4%, which was its lowest value since October 2020. This downward trend in property performance was not unexpected, set against rising debt costs and a deteriorating economic outlook that is mired in uncertainty. However, it was a larger fall than anticipated. There has been a marked shift in sentiment over the past three months that has unambiguously resulted in a buyer’s market for investors but presents a more complex picture on the occupier side.
