Our Q4 UK Investment Transactions report reveals that the UK commercial property sector had a stellar end to 2013, with investment at levels that we haven’t seen since before the global financial crisis. The quarterly investment figure of £17.01bn and the 2013 annual investment total of £44.94bn are both the highest the market has seen since 2007.
Importantly, the regional markets also saw a strong finish to 2013 with investment volumes rising by 80% in the second half of the year, in comparison with the first, to drive an overall annual increase of 61%.
The West Midlands region saw investment volumes increase significantly from £1.09bn in 2012 to £1.54bn in 2013. Notable transactions include:
- One Snowhill Birmingham to Union Investment Management for £125m
- Mell Square Solihull to IM Properties for circa £46m
To view our latest UK Investment Transactions (UKIT) report, please click here.