Research
Thu, 30/09/2021 - 12:00
· 1 min read

UK Economic and Real Estate Briefing – September 2021

Growth was expected to ease after Q2 following the upside from re-opening the economy. It is becoming more evident that supply chain disruptions are weighing on growth rather than a shortfall in demand. The Real estate market on the other hand continues to recover. Year-to-date volume now stands at c. £35.4bn, 39% and 9% up on the same period in 2020 and 2019 respectively.

  • Several indicators have begun to show economic activity easing over the summer.
  • The PMI surveys fell in August; services declined to 55.5 while manufacturing fell from 60.4 to 60.1.
  • In the real estate market, all signs are pointing to a busy end of the year, with the investment pipeline in Central London continuing to build.
  • Strong demand for best-in-class assets is continuing to push down prime yields, with investors becoming increasingly concerning with protecting against rising inflation.

Click to read UK Economic & Real Estate Briefing - September 2021

UK Economic and Real Estate Briefing – September 2021