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UK Commercial Property Monitor Q2 2024 [Electronic resource]

By: Contributor(s): Language: English Series: RICS UK Commercial Property Monitor ; Q2 2024Publication details: London, Royal Institution of Chartered Surveyors, July 2024Subject(s): Online resources: Summary: The Q2 2024 RICS UK Commercial Property Monitor results are indicative of a relatively flat headline picture for the market. Illustrating this, measures capturing both occupier and investor demand remained largely stable. That said, the current feedback is at least a little more encouraging than was the case throughout much of 2023. Similar to last quarter, 34% of respondents are of the opinion that the market is at the bottom of the current cycle, while 41% sense conditions are consistent with the early stages of recovery (minimally changed compared to respective shares of 35% and 38% in the previous iteration of the survey).

The Q2 2024 RICS UK Commercial Property Monitor
results are indicative of a relatively flat headline picture
for the market. Illustrating this, measures capturing
both occupier and investor demand remained largely
stable. That said, the current feedback is at least a little
more encouraging than was the case throughout much
of 2023. Similar to last quarter, 34% of respondents are
of the opinion that the market is at the bottom of the
current cycle, while 41% sense conditions are consistent
with the early stages of recovery (minimally changed
compared to respective shares of 35% and 38% in the
previous iteration of the survey).

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