Future Property Report 2022
In this report, our respondents’ views on two asset classes caught our attention: the first is that private clients are even more bullish than traditionally optimistic agents when it comes to residential, believing that capital values and rents will outperform other industry predictions.
Executive summary
If there is one word to describe the performance of the UK real estate sector in recent years, it is resilient. Investors have been operating against an unprecedented backdrop of macro-economic disruption, with Brexit, Covid-19, and the Ukraine crisis.
Reflecting the entrepreneurial element of the private client investor cohort, these challenging times have failed to dampen sentiment and can often be perceived as an opportunity. Whereas institutional investors can often be restrained by allocation and return constraints, perhaps the most intriguing result of our research is that private client investors sense an opportunity across all the real estate subsectors. Both office and retail, which have seen significant downward pressure on valuations as a result of the pandemic, are slowly starting to benefit from tailwinds, and are viewed favourably for investment both today and five years hence.
