The improvements in all-property rents and capital values continued in May, supporting our view that we are at the start of a slow recovery in property. Looking ahead, with non-essential retail and most of leisure now open, and the final restrictions likely to end next month, we expect a strong economic rebound in H2. This should boost occupier demand and support property values, although this will be tempered by structural headwinds in the office and retail sector.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.