Neil Blake and Graham Barnes, experts from leading real estate provider CBRE, provide monthly analysis on the latest macroeconomic and capital markets factors that shape and influence commercial real estate markets.
Latest Edition - 2017 Review
2017 has surprised on the upside for UK property investment performance but transactional activity has been polarised with a number of very big deals and rather thinner market for smaller lot sizes. And that is despite an abundance of capital targeting UK real estate. The Economist and Financier, Neil Blake and Graham Barnes of CBRE look back on 2017 and offer their views on what might be in store for 2018.
UK property is doing better than expected amidst Brexit-related uncertainty, but some property is doing better than others. Alternatives are gaining popularity where they offer security of income. Security of income is also valued within the traditional sectors as is being ‘fit for purpose’ and an ability to adapt to a changing world.
As the holidays draw to a close, CBRE’s Economist & Financier, Graham Barnes and Neil Blake, take a look at what has been happening to property markets over the summer and what the performance of CRE in the first half of the year, both in the UK and continental Europe, means for the remainder of 2017.
The exchange-rate induced squeeze on real incomes is putting retail sales under pressure but, that aside, most of the economic indicators are surprisingly strong and property investment volumes have bounced back. Nonetheless, while both current economic indicators are better than might be expected and we retain confidence in the long-term economic outlook, political fragility only serves to emphasise the risks of downside volatility.
What has changed since last month? Everything and nothing is the answer. CBRE’s Economist and Financier, Graham Barnes and Neil Blake discuss the impact of the UK’s General Election result and ask if it has fundamentally changed the challenges and opportunities facing the UK economy and property market.
The Economist and Financier is back on a monthly basis, examining the economic and political drivers of the commercial real estate market.