Q2 2017 Market Snapshot

By Kate Bullock July 2017 News

Limited availability of quality office stock or properties with 10 year + lease terms, despite strong demand for these assets
Marked distinction in investor appetite and pricing for prime vs secondary assets
Discount on office pricing relative to industrial is attracting buyers to the sector
Demand for PDR opportunities remains very strong
Councils have been comparatively less active in Q2 but this is a positive for other investors
There is little evidence of repeat buyers
Investors are being more forensic in their underwriting and transactions are taking longer to complete