Around GBP2.6 billion was invested into UK commercial property in May, a slight decrease on the previous month, but more than twice the corresponding 2020 figure of GBP1.2 billion, according to Colliers.
The global real estate firm’s May Property Snapshot notes investment trends showed continuing strong interest in industrial assets, while interest in offices and leisure was limited. However, shopping centres had their second best month since the start of 2020.
Oliver Kolodseike, Deputy Chief Economist at Colliers, says: “All UK property yields remained firm during May, with stable pricing suggesting ongoing investor appetite for assets.
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