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In Brief - February 2022

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.

Read more for the most recent occupier and investment updates, economics data and property forecasts.


All Property annual total return

Shopping centres annual total return

2022 GDP forecast

2022 unemployment rate forecast

Key contacts

John Rodgers


Mark Trowell


Richard Moir


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