Colliers predicts a seesaw of sentiment in UK commercial property markets in the first half of 2023, followed by greater investor confidence in the second half. The firm forecasts £60 billion will be invested in UK commercial property in 2023, with a slowdown in Scottish office investments.The flex sector (any building or commercial property that has a mixture of warehouse, office and or retail space) is expected to continue growing in response to steady demand, while average rents are expected to fall due to a decline in employee numbers. Alternative lenders will secure attractive risk-adjusted deals due to their more flexible underwriting processes and risk analysis.
Colliers predicts improving appetite for commercial property investments in 2023
