All Data articles – Page 2
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NewsMonthly construction output flattened in December
Office for National Statistics (ONS) figures show monthly construction output was flat at 0.0% growth in December, with a 0.5% increase in new work offset by a 0.7% fall in repair and maintenance work.
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News
Diversity report highlights property’s lack of disabled candidates
Only 3% of respondents to a survey examining the diversity of job candidates in the real estate and construction sectors have identified themselves as disabled, despite 21% of the UK workforce being classified as such.
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News
Lack of assets and selective buyers ‘cushion’ pricing of London core offices
A lack of best-in-class assets and increasingly selective buyers are likely to cushion the pricing of London core offices from downward pressures, according to Savills.
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Investors focus on new opportunities as assets are repriced
Commercial real estate investors are focused on the opportunities that will come from a repricing of assets as a period of easy money comes to an end, according to MSCI.
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Online
London residential rent increases not as dramatic as they appear
Reports of big rises in London residential rents make good headlines, but deeper analysis shows they are somewhat overblown. London and home counties letting agent Foxtons’ recent figures show average rents in the capital climbed steadily throughout 2022 and finished the year 20% higher than at the end of 2021. ...
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Those in less affluent areas are driving the private rental market
Estate agent Hamptons has found that the private rental market is currently being driven by those in less affluent areas.
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Foxton reports 20% rise in London residential rents for 2022
Average London residential rents climbed steadily throughout 2022 and finished the year 20% higher than at the end of 2021, according to London and Home Counties letting agent Foxtons.
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News
Exeter predicted to be first UK location to come out of recession
Exeter is predicted to be the first location in the UK to exit the recession, with the city on track to hit this target by mid-2023.
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News
Industrial honeymoon forecast to end with ‘unprecedented’ sale price fall
After years of growth, industrial sales prices per square foot are set to drop 2.7% on average in Q1 2023, according to forecasts from Robert Irving Burns (RIB).
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News
Regional office rents set for growth as demand outstrips supply
The latest regional prime rent forecasts remain optimistic about the UK’s ‘big six’ office markets, with Bristol, Birmingham and Manchester projected to achieve prime rents of more than £40/sq ft, according to Savills’ UK Commercial Market in Minutes report.
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News
Core demand outstrips supply of student accommodation
Core demand from first-year students living away from home, plus second- and third-year international students and international postgraduates, has begun to outstrip the supply of purpose-built student accommodation (PBSA) in the 30 largest UK locations by student numbers outside London, data from StuRents shows, with huge variation by location.
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News
UK retail sales slowing sharply but recovery is predicted in 2024
Annual total UK retail sales for 2022 are set to slow by 4.5% compared to 2021, to £443bn, as the economic slowdown and inflation weighs on households’ purchasing power, according to AEW Research’s 2023 European Annual Outlook report.
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News
Quarter of UK homes for sale see asking prices reduced
Zoopla, the online real estate platform, said 25% of UK homes for sale have reduced asking prices, with one in 10 homes seeing a price reduction of 5% or more since September 2022.
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News
Colliers downgrades its 2022 total returns forecast
Colliers has downgraded its 2022 total returns forecast from 5.9% to -5% amid downgraded GDP predictions, higher gilt rates, base rate uplifts and accelerated outward yield movements.
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News
Q3 commercial auction sale volumes leap 18% year on year
Commercial property auction sales totalled £275m in Q3, up 18% year on year and more than double the 10-year average for the quarter, according to the Acuitus cPad report.
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Online
Report shows large planning projects returning to pre-pandemic levels
Deal completions are stabilising at near to pre-pandemic levels despite lower overall commercial transaction levels compared with 2019, according to a report from Landmark Information Group.
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News
House prices in home counties rising at a higher rate than in London
Average house prices in the home counties have grown at a higher rate than London’s housing market since 2010, data from investment platform Saxo shows.
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News
RICS reports fall in residential new buyer enquiries for sixth successive month
Residential new buyer enquiries fell for the sixth successive month in October, according to the the latest Residential Market Survey from RICS.
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News
Proptech investment 'reached a record $24bn' for 2021
The year 2021 saw the highest value of proptech investment on record to the value of $24bn, according to Hampleton’s H2 2022 M&A Market Report.
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News
Commercial property values fall -6.8% in October
Capital values decreased by -6.8% across all UK commercial property in October 2022, according to the latest CBRE Monthly Index.
