While U.K. commercial real estate investment activity rebounded in December and early this year, total transactional activity for January 2020 was not as strong as January 2019, said Savills, although relatively positive Christmas trading has helped the retail market and contributed to a continued stable outlook overall for U.K. property.
December 2019 saw a surge in investment activity, with U.K. volumes for the month reaching £9.7 billion (€11.3 billion/$12.4 billion), according to Savills, with the month accounting for 20 percent of the entire year’s volume.
James Gulliford, joint head of U.K. investment at Savills, said, “While it’s arguable whether any more economic or legislative stability has emerged from December’s election result, investors in the United Kingdom clearly feel that the removal of political uncertainty is a good thing. While early indications are that December’s surge might have been more of a blip rather than a bounce, core investor
