Commercial Property Market Review December 2025

In December’s Commercial Property Market Review – business rate reforms, record regional office rent growth. The UK commercial property ends 2025 with resilience and evolving occupier demand.

Key takeaways

  • Business rate reforms aim to support smaller retail assets but may unintentionally impact high-value offices and logistics buildings
  • Regional office rents reached record growth as ESG-compliant, prime stock remains scarce across major UK cities
  • Investor confidence strengthened in the West End, while occupiers increasingly favour flexible, fully fitted office space