In November’s Commercial Property Market Review – retail investment is rebounding, with demand up and supply tightening. M&S commits to a major new logistics hub near Bristol, while office take-up across the Big 6 holds steady, led by standout activity in Bristol and Manchester.
Key takeaways
- Office take-up in Big 6 cities remains broadly aligned with five-year averages, with standout growth in Bristol and major Manchester deals
- Retail investor demand continues rising sharply, supported by reduced interest rates, tighter supply and greater vendor realism in valuations
- M&S strengthens its UK logistics network with a major pre-let hub in Avonmouth, backed by significant long-term investment.