Bull and Bear meet up to discuss the state of the UK commercial property market following the end of Q1 2023 and the Easter break.

Property investment volume numbers show that investors remain in wait-and-see mode. Only £5.6bn was transacted in Q1, making it the lowest quarterly volume since 2009.
Investor confidence has, however, started to return. Pricing levels have generally plateaued, but in some sectors, such as retail warehouses and regional offices, yields have sharpened. There are still, however, some sectors where further yield softening should be expected.
There is an estimated $US811bn in dry powder sitting in the accounts of unlisted funds globally waiting to be deployed.
Enjoy your Sunday.