Real Estate
The sector supports vital industries like the life sciences and advanced manufacturing and contributes to the development, repurposing, and regeneration of a wide range of asset classes. The property industry supports over 12 million jobs and adds £1.7 billion to the UK’s annual GDP.
In 2021, there has been an unprecedented investor interest in specialised life sciences real estate, with investments totaling more than £2 billion. This trend is expected to continue with an estimated £20 billion of capital targeting this market, given the normally limited availability and high rents.
Residential real estate has performed surprisingly well during the pandemic, with stabilisation at colleges and an increase in student housing. Over the next few years, it is anticipated that institutional rental property investment levels would reach new highs.