The latest RICS Commercial Property Monitor has revealed that whilst the market in the UK showed some improvements in Q1 2024, certain areas of the market continue to struggle against structural headwinds.
Tenant demand rose in Q1, (+4 per cent, from -7 per cent net balance at the end of 2023), with the industrial demand indicator posting the most positive since reading Q3 2022 (net balance +14 per cent) and office demand also rising for the first time since early 2022.
Retail demand is showing stronger momentum in London than other parts of the UK. Industrial property demand remains steady with most regions reporting positive demand sentiment.
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.
