A new report from Savills shows the UK's real estate market is seeing the strongest recovery in Europe, with investment up significantly in 2024. This is due to a quicker drop in prices, increased mergers and acquisitions, and changes in institutional ownership. Investors are also looking at Southern Europe, where tourism is boosting growth, and Central and Eastern Europe, which are recovering from a low point.
Across Europe, real estate prices are stabilising as buyers and sellers agree on values.
The office sector is expected to lead the recovery, driven by a shortage of good quality space. The logistics sector is also popular with investors, while retail is seeing renewed interest due to strong performance.
The living sector, including apartments and student housing, is also showing signs of recovery. Demand for rental housing remains strong due to a lack of supply and rising housing costs.
Overall, the real estate market is recovering as financing becomes more competitive and investor confidence returns. The UK is leading the way in this recovery, with strong performance across multiple sectors.
Read the article in full - Savills Takes Stock