July 28, 2022
Commercial real estate enters downturn in UK, claims RICS
The UK’s commercial real estate market is entering or might already be in a downturn, according to an industry survey from the Royal Institute of Chartered Surveyors. As higher interest rates push up investors’ financing costs and economic sentiment takes a dive, 43 percent of respondents to its quarterly commercial property survey thought the sector was in the early stages of a downturn, and a further 10 percent thought it was in the middle of one. By contrast, three months ago 53 percent said the sector was in the early or middle stages of an upturn, a proportion that has now slumped to 22 percent. More →
November 10, 2021
Working culture should align and balance with commercial objectives
by Siobhan Byrnes • Comment, Flexible working, Property, Wellbeing