"On 30th October, a day before Halloween, the first female Chancellor of the Exchequer delivered the inaugural Budget of the new government. Buyers and sellers in the prime market waited with bated breath to see whether it would be a case of trick or treat."

"There have been six Governors of the Bank of England in the past 50 years and sixteen Chancellors of the Exchequer (a number boosted by the installation of a revolving door at Number 11 sometime in 2019)."

"The balance between supply and demand has been the key driver in the rental market over the past few years. And this is still expected to be the case as we look forward."

"We had just under 1,000 responses to our latest client survey. It suggested that buyer sentiment had softened slightly compared to earlier this year, in the wake of the general election and the immediate aftermath of the Budget. "

"We anticipate that the abolition of ‘non-doms’ status and the additional 2% stamp duty surcharge will result in further downward pressure on prices in the short-term"

"We had over 250 responses to our November Landlord Sentiment Survey."

"The European logistics and industrial real estate market is on its way to a recovery due to increased economic activity driven by lower interest rates, despite concerns over potential trade disruptions in 2025."

"Investment in European logistics assets continued to trend upwards during Q3, driven by improving sentiment and lower interest rates, though caution remains due to geopolitical uncertainties and lower fundraising levels."

"Despite weak performance in leasing activity in Q3 2024, vacancy rates appear to be turning a corner and declined for the first time in two years during the quarter."