Sales activity in the commercial property market has declined, but demand for quality space is high, and sectors are evolving to meet new trends, experts say.
High interest rates and economic uncertainty has impacted on activity across the market, but the office and retail sectors have been challenged by additional headwinds.
The Covid prompted move towards remote working affected both sectors, particularly in CBD areas, but retail also has to contend with the rise in online shopping and the Reserve Bank’s push to reduce spending.
Real Estate Credit Investments Limited (LON:RECI) is a closed-end investment company that specialises in European real estate credit markets. Their primary objective is to provide attractive and stable returns to their shareholders, mainly in the form of quarterly dividends, by exposing them to a diversified portfolio of real estate credit investments.