As we turn the corner and move into 2022, the UK’s commercial property sector is shaping up for a strong recovery amid a generally positive economic backdrop. How commercial property owners proceeds into early 2022 will set the foundation for its continued success over the next several years.
In recent weeks, in the wake of the COP 26, there has been rising pressures from tenants and stakeholders to improve ESG performance for commercial properties. Whilst investment and government incentive are crucial to implementing these changes, commercial property does has inherent advantages in adopting greener, more sustainable practices.
A bit over a month since the September Quarter Day due date, the collection of commercial property rents in the UK has reached the highest level seen since March 2020, according to the latest figures.
Whilst much of Autumn Budget Review displays a ‘steady course’ approach to the measures revealed earlier this year, we are now starting to see these measures implemented, as well as some fortunate delays to encourage capital investment.
Signs are indicating that there is an exciting future ahead for the Build to Rent across the UK as the emerging asset class gains significant investment at an astonishing rate.
Scotland is starting to offer the highest commercial property yields in the UK, increasing by over 60% in the past year.
BIRMINGHAM: A property developer acquired a serviced apartment complex located in Birmingham, and will receive £128,000 in tax relief.
In response to last weeks Biznow article, a commercial property owner has just started their 6-week journey to claiming thousands of pounds of tax relief.
Industrial and logistics asset classes have skyrocketed, with lets well above the estimated rental values and transactions occurring at record high prices and figures. It's truly an incredible time to own industrial properties within the UK.
BIRMINGHAM: A recently engaged commercial property fund has started their 6-week journey in claiming thousands of pounds in tax relief with the help HMA Tax.