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Read more🏢UK Real Estate Outpaces Europe: Key Insights for Real Estate Lenders
📈 The UK’s commercial real estate market is rebounding faster than Europe, with a 1.4% increase in property values and a 7% rise in transaction volumes to €26bn in the first half of 2024. In contrast, Germany and France are experiencing flatter growth.
💬 Mark Ridley, CEO of Savills, notes that the UK is "the fastest recalibrating market." However, he mentions uncertainty about "how fast and how far the recovery goes." With commercial real estate values down nearly 25% from their 2022 peak across Europe, the UK’s early gains highlight a key opportunity for strategic lending
📊 The market's recovery is uneven, with prices for warehouses, residential properties, and hotels improving, while office buildings continue to face declines. Blackstone’s significant investments in the UK, including $3bn focused on logistics, residential, and leisure, signal strong demand in these sectors
🔍 As the UK property market turns a corner, kennek's complete lending software helps lenders navigate these shifts effectively, managing risks and scaling their business
👇 Check out the full insights from the Financial Times article in the comments and follow our page to learn how kennek makes lenders lives easier!
