“Last year’s diminished investment levels were proof of widespread uncertainty in the property market owing to both economic and geopolitical factors,” writes Ian Lambert in this month’s issue of Property Investor News [see link below].
“However, despite the excitement of a snap election, quiet confidence is beginning to settle in; interest rates are predicted to drop to 4.5% by the end of the year, many in the industry are now suggesting that the market has bottomed out and sentiment is optimistic that we are not far away from an upward swing. 2023 saw a deal volume well below the 10-year average of £53.4bn, but by December of last year, green shoots were emerging”.
You can read the entirety of his article here: https://property-investor-news.com/article/commercial/2024/06/07/the_commercial_property_investment_market_begins_an_upward_swing_.html
