The United Kingdom’s commercial investment volumes and values will start to improve shortly, according to Savills, after the first reduction in the Bank of England base rate at the start of August.
In its latest Market in Minutes report, Savills reports that cross-border investment into U.K. commercial property reached $14 billion in the first six months of 2024, with the country attracting more capital than the United States or any European country. While an element of caution will remain until after the new government’s first budget in October, the international real estate advisor believes that an initial inter