The UK Real Estate Confidence Survey conducted during the third quarter of the year by global real estate services firm JLL reveals that a majority of the respondents, as many as 68 per cent, plan to be net buyers of commercial properties over the next one year. The survey comes in the backdrop of the UK exiting from the EU. It showed that positive sentiments continue to prevail among investors in the UK property market.
As many as 59 per cent of the investors expect property returns to be between 0-5 per cent in 2016 in te the wake of the uncertainties during the middle of the year. However, about 52 per cent of them expect to see a balanced market between buyers and sellers over the next 12 months. Another 63 per cent of the investors are looking at opportunistic or value-added investments.
The London property market continues to remain an attractive destination for investors. The survey notes that 55 per cent of the investors are looking at London and south east region for investment opportunities in the property market.
If you want to explore investment opportunities in the London property market, then contact Strawberry Star offices for more information.
In Q3, the JLL Investor Confidence Survey shows that the overwhelming majority of investors (68%) intend to be net purchasers of UK commercial property over the next 12 months, despite the vote to leave the European Union.