Update: February 2018 – Retail and Leisure
February was a stark reminder as to how quickly market dynamics can change. Despite little new information regarding what remains a positive macro environment, equity markets, in particular, suffered their sharpest draw-downs since the summer of 2015. Commercial property transactions however, continued their positive momentum into 2018, with £5bn last month; particularly strong for this time of year. On a further positive note, overseas demand for UK property showed little sign of abating, with foreign investors increasing their UK portfolios by nearly £1.4bn in January.