CBRE β UK Property Market Figures, 3Q 2024
Summary
CBRE's "UK Property Market Figures" report for the third quarter of 2024 provides a comprehensive analysis of the UK's real estate market performance.
The report indicates that office take-up increased in Q3, along with a rise in investment volumes. In the UK markets tracked by CBRE, Q3 take-up totaled 1.5 million square feet, bringing the year-to-date total to 4.2 million square feet, the highest for this period since 2019. Investment volumes also rose, with a total of Β£1.2 billion invested in the market during the quarter. The report highlights the resilience of the UK property market, noting that despite global economic uncertainties, the sector continues to attract significant investment and maintain strong demand for office spaces. These trends suggest a positive outlook for the UK's real estate market in the coming quarters.
Region:
European Union
Published:
November 2024
Author(s):
CBRE
Language:
English