Having a global perspective and local knowledge means our National business is scalable to clients' real estate needs across all services, sectors and locations. Our team of 350 dynamic people add value throughout the property lifecycle by delivering breadth and depth in market intelligence, property expertise and creative thinking across our UK network of 11 offices.
Our connectivity on a local, national and global platform allows us to have access to the best potential occupiers, investors and real estate vendors in the UK and beyond.
Follow CBRE on LinkedIn for our insights on the UK commercial property market:
Latest National Research
National Office Market Review: H2 2014
After a year of strong growth economic growth for the UK, occupier demand in the regional cities has also performed exceptionally well. All the regional cities, except the South East region, have posted take-up totals well ahead of their respective long-run averages. to read more, download the full report here.
Continued activity in the Northern Ireland property market over recent months
9 investment transactions totalling approximately £58.6 million having completed in the region during Q1 2015
We expect to see more office investment properties coming to the market over the coming months with an increasing number likely to trade off-market
There has been a discernible increase in demand from local investors over recent months, particularly for lot sizes of up to £10 million.
Prime yields for the most part remain stable at present although there is potential for office yields to contract further over the course of the Summer months as new market evidence materialises and further rental growth emerges.
The announcement that Invest Northern Ireland intend to provide funding to support the development of some speculative Grade A office accommodation in Belfast has been broadly welcomed
With the devolution of corporation tax powers having now passed the House of Lords stage and possibly taking effect from 2017, it is hugely important that sufficient office accommodation is available at this juncture
Activity in the retail sector continues to improve, with regional locations also reporting an improvement in tenant demand over recent months.
The hotel sector continues to strengthen and a good Summer season is in prospect - boosted by the hosting of the Irish Open at Royal County Down and the hosting of the Tall Ships Race in Belfast in July.
Demand for residential sites has increased significantly over recent months. However, very few development sites are being offered for sale at present.
David Cameron’s return to 10 Downing Street in the recent UK general election may look like a vote of confidence in his leadership of the Government. But Cameron’s former coalition partners, the Liberal Democrats, are in disarray. So the former coalition’s Parliamentary majority has effectively been wiped out; Cameron’s very slim majority means he may end up doing deals on a case by case basis with smaller parties. That could bring with it fresh instability for property markets.
In this paper we look at the election outcome and the key risk ahead. Attention is now turning to a potential referendum on membership of the EU. And a profound change in sentiment in Scotland means that the property market outlook there also remains uncertain. Fortunately, the UK economic outlook looks reasonably strong, which we suspect will be more influential on property market prospects than any short term political volatility.
The result of the UK general election came as a surprise to many. Polls leading up to voting day all showed the election as too close to call with polling data consistently showing Labour and the Conservatives within a percentage point of each other. The final result, with the Conservative party securing a slim majority, removed at a stroke the instability of a hung parliament and subsequent coalition negotiations and also the spectre of a further election later in the year.
This briefing contains details of policies the property industry can expect from the new Conservative government - and the policies from the losing parties that have fallen by the wayside.