Spotlight: European Office Development
Rising construction costs squeeze developer margins, but rental growth outlook remains positive
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Rising construction costs squeeze developer margins, but rental growth outlook remains positive
Read nowSavills presents the Portugal Real Estate Market Overview | Q1 2024, providing you a detailed analysis of the performance of the national real estate market during the first quarter of the year.
Read now"Through the 1980’s, the overriding obstacle to getting onto the housing ladder was the ability to afford monthly mortgage repayments, in what was a much higher interest rate environment."
"Levelling Up is a flagship policy for government, but has lacked clarity to date. With the publication of the White Paper early this year, priorities and interventions have become clearer, and it is evident that a greater level of strategic planning is required to achieve government ambition"
"9% of the residential pipeline coming forward in London is at risk of not coming forward. With demand rising for both residential and industrial land, policy needs to balance these competing demands for land."
"The new London Plan adopted in 2021 acknowledges the competing pressures for land."
"Housing market remains busy but there are signals of a slow-down ahead."
"Will the strength of the UK lettings market continue?"
"Affordability concerns heighten but demand remains strong, as house prices continue to grow."
"Completions down, with land supply and build costs likely to hold back starts"
"Prime London price growth starts to match the country after two years of underperforming as the back to work trend continues."