After a well-deserved break in August, Bull and Bear meet up to discuss what they have missed. They conclude that they haven’t really missed much at all, with the commercial and residential property markets remaining very quiet.

The UK commercial property market saw a third successive quarter of sub £10bn volume for the first time since 2012.
BNP Paribas Real Estate expect just £41bn to be invested in the UK commercial real estate market this year, which would be down by a third on both last year and the long-term average. However, pressure on lenders is starting to build, and banks are being increasingly challenged to make a choice between holding their nerve or coming to the market with consensual sales.
Opportunities are, therefore, likely to present themselves for those with the skill and appetite to capitalise... so don’t write off the rest of 2023 quite yet!
Enjoy your Sunday.