PERE: UK real estate freed from the ‘penalty box’
Investment activity was suppressed globally in 2020 as a result of COVID-19 with the UK real estate industry facing additional uncertainty surrounding Brexit. As vaccination continues to progress and Brexit arrangements finalise, the UK market is emerging again as a great opportunity for investment.
Cromwell’s Head of UK, Matthew Bird, recently participated in the PERE: UK Roundtable 2021. Matthew discussed the appeal of the UK market and particularly London to capital investors, the deep occupational demand for logistics and light industrial assets, along with the importance of tenant needs as the country emerges from COVID-19.
The full roundtable discussion can be read here.