The Jones Lang LaSalle property investment sales and acquisition team was the No 1 commercial property investment team in the UK for 2009 - including being No 1 in the City, West End and shopping centre markets - advising on over £5.6 billion, or 22% of property investment transactions, by the end of the year.
Knowledge, and in particular, knowledge of who the buyers are, remains a powerful thing in this market and is fundamental in delivering successfully for clients. It also allows us to get to the heart of some key questions, including:
How much international equity is targeting the UK market?
The total combined equity of the UK Institutions, Opportunity Funds, Sovereign Funds, REIT’s, German Funds and high net worth individuals is, we believe, over £50 billion today. If you would like to understand how this breaks down and where the key requirements are at the moment then please contact Julian Stocks.
What is the likely investment turnover in 2010?
In both 2008 and 2009, investment turnover was £24 billion but in 2010 we estimate that turnover will be at £28 billion, which will be weighted evenly between H1 and H2
How far have yields moved in 12 months and within which sector is yield compression greatest?
Yields have moved around eighty base points over the last 12 months but more since June 2009. This very quick rerating was across all sectors but yields for secondary retail warehouses and single-let industrials have moved the most by over 200 basis points.
For more detail on these questions or other issues relating to current market conditions contact:
To see some of our most recent property investment sales and acquisitions, visit Expertise in Action.
Find out more about Jones Lang LaSalle's Investment Sales and Acquisitions capabilities.