UK Commercial Property Monitor Q1 2024 [Electronic resource]
Language: English Series: RICS UK Commercial Property Monitor ; Q1 2024Publication details: London, Royal Institution of Chartered Surveyors, April 2024Subject(s): Online resources: Summary: The Q1 2024 RICS UK Commercial Property Monitor results show tentative signs that the market is shifting towards a recovery phase, albeit the current backdrop remains challenging given the relatively restrictive interest rate setting alongside structural headwinds. In keeping with this, the largest share of respondents now view the market as either having reached a floor for this cycle (35%) or having entered the early stages of an upturn (38%).| Item type | Current library | Call number | Status | |
|---|---|---|---|---|
| Online material | Virtual Online | PROPERTY MARKET DATA (Browse shelf(Opens below)) | Available |
The Q1 2024 RICS UK Commercial Property Monitor
results show tentative signs that the market is shifting
towards a recovery phase, albeit the current backdrop
remains challenging given the relatively restrictive interest
rate setting alongside structural headwinds. In keeping
with this, the largest share of respondents now view the
market as either having reached a floor for this cycle (35%)
or having entered the early stages of an upturn (38%).