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Increased economic stability saw the UK commercial property market trade a record £30.7 billion in the first half of 2015, 10% above the previous peak in 2006.
While 55% of investors were domestic, there also continued to be substantial overseas interest in the UK, with 19% of capital coming from North America, 7% from Asia Pacific and 6% from the Middle East.
"As the UK economy improves and a shortage of prime office space in London pushes up rents, investors from around the world are competing for UK commercial property because it offers a high yield on their investment. There are no signs to suggest that this will lose momentum during the remainder of the year," said Collas Crill group partner Michael Morris.
Michael, who heads up Collas Crill's UK property department, will host an update on the UK commercial property market as part of the firm's Autumn Seminars for 2015.
He will be joined by Ben Burston, Head of UK Office Research at JLL, who will draw on their research and market knowledge to give the most up-to-date view on current and future trends within the commercial property market.
Justin Snoxall, Relationship Director at Lloyds Bank International, will explore the factors impacting commercial property from a lender's perspective and share some case studies that demonstrate how the UK commercial property market is supported by offshore structures.
The seminar will take place in Guernsey at The Rotunda in the i2 Office, Royal Avenue on Tuesday 29 September and in Jersey at the Royal Yacht on Wednesday 30 September 2015. If you would like to attend please fill out the registration form or email events@collascrill.com.
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