Whilst there was a general slowdown in M&A activity last year, Property Services & Technology was a positive exception experiencing considerable M&A activity and heightened investor interest.

With the macro picture improving and an ever increasing number of high-quality businesses looking to transact, we anticipate significant sector M&A activity in 2024 and beyond.

What are the key market drivers?

Interest rate cuts
Inflationary pressures have receded with the Bank of England expected to begin cutting rates which should stimulate property sales.

Lettings market evolution
Due to regulatory change impacting agents and landlords, the lettings market is becoming increasingly professionalised which is supporting consolidation.

Shift from ownership to usership
Individuals and families are now becoming more acceptant of longer-term rental living which is driving significant investment in modern, purpose built accommodation.

AI & technology
Property services has traditionally been slow to leverage new technologies, but times have now changed with an increasing number of software and data solutions competing for agent spend.

 

Read our report for more insight

Download the UK Residential Property Report

Please fill in the form below:

Investec Bank plc and its subsidiaries recognise and respect the privacy and data protection rights of individuals with regards to personal data.

We may use your personal data to provide you with services you request from us,  or to manage your accounts, make decisions, detect and prevent fraud, fulfil any contractual relationship with you, undertake analysis and assessment, ensure that we comply with legal and regulatory requirements and/or for other purposes where in our legitimate interests.

For further details as to how Investec uses personal data, please refer to our Data Protection Notice.

Sending...

Please complete all required fields before sending.

Thank you

You can now view your content

Download report

Sorry there seems to be a technical issue

Lets start a conversation

Lets start a conversation

Liam Gribben

Liam Gribben

Director

Liam McLachlan

Liam McLachlan

Analyst