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Property share prices leap but UK index loses appeal
Property Week’s analysis of 27 property firms listed across the FTSE 100 and FTSE 250 shows UK property share prices rose 9% year on year in Q1.
Return to work boosts resilient central London office markets
Devono reports a strong take-up in 2023 despite economic uncertainty.
UK Industrial & Logistics rents up 8.2% over past five years
Rental growth accelerated over the past three years but has since decelerated as the market begins to cool.
Investment fell 33% in a tough 2023 for property in Scotland
Analysis from Knight Frank has revealed that total Scottish commercial property investment volumes fell to £1.5bn in a challenging 2023, their lowest level in the past five years, as the market adjusted to rising interest rates.
Growing bed shortage drives student accommodation rent hikes
Growth in the number of purpose-built student accommodation (PBSA) beds has slowed by 66.6% since 2019 and the supply shortage is expected to worsen, with an estimated shortfall of 490,000 beds by 2026, the latest annual report from student accommodation portal StuRents shows.
Housebuilding lull weighs on construction activity
Housebuilding decreased for the 11th successive month in October and at a much steeper pace than elsewhere in the construction sector, with the headline S&P Global/CIPS UK Construction Purchasing Managers’ Index (PMI) at 38.5.
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