• Latest
LONDON'S COMMERCIAL INVESTMENT MARKET

What to Expect from London’s Commercial Investment Market IN The Second Half of 2023

December 30, 2022
Bonus Depreciation

What is Bonus Depreciation?

March 9, 2023
Take Flight

Take Flight: Delhi to New York in a Flash

March 8, 2023
Business Partnerships

9 Keys to Building Strong and Harmonious Business Partnerships 

March 8, 2023
Nurses

Essential Legal and Ethical Considerations for Nurses

March 6, 2023
Transfer WhatsApp Chats

How Can We Transfer WhatsApp Chats to an iPhone from an Android Phone?

March 6, 2023
wifi

How Can I Use Someone’s Wifi on My Smartphone without Their Password?

March 5, 2023
Education

Empowering Your Future: The Vital Importance of Education in 2023

March 3, 2023
Gift Ideas

7 Great Jewelry Gift Ideas to Impress Your Significant Other (2023)

March 3, 2023
Red-headed Actresses

Top 7 Red-headed Actresses

March 3, 2023
VIPLeague

Watch Euro 2024 on VIPLeague – Watch Sports Livestream on VIPLeague.

March 3, 2023
scph5501.bin

PlayStation BIOS scph5501.bin Download process

March 2, 2023
Organic SEO

The Importance of Organic SEO and How You Can Get Started In 2023

March 2, 2023
  • About Us
  • Contact Us
  • Write for Us
  • Privacy Policy
Wednesday, March 29, 2023
Business2News
  • News
  • Business
    • Small Business
    • Global Business
    • Entrepreneur
  • Finance
  • Technology
    • Digital Marketing
    • Social Media Marketing
    • Tech Brands
    • Gadgets
    • Gaming
    • Reviews
  • Health
  • Fashion
  • Traveling
  • Education & Job
  • More
    • Cars & Bikes
    • Sports
    • DIY Home
    • Entertainment
    • Food
No Result
View All Result
  • News
  • Business
    • Small Business
    • Global Business
    • Entrepreneur
  • Finance
  • Technology
    • Digital Marketing
    • Social Media Marketing
    • Tech Brands
    • Gadgets
    • Gaming
    • Reviews
  • Health
  • Fashion
  • Traveling
  • Education & Job
  • More
    • Cars & Bikes
    • Sports
    • DIY Home
    • Entertainment
    • Food
No Result
View All Result
Business2News
No Result
View All Result
Home Business

What to Expect from London’s Commercial Investment Market IN The Second Half of 2023

Rajhu S Goraai by Rajhu S Goraai
December 30, 2022
in Business, Finance, Global Business
0
LONDON'S COMMERCIAL INVESTMENT MARKET

There is only one question in every investor’s mind, what is the next best thing to invest in? Be it the commercial market or the housing market in London, buyers and investors always have their eyes peeled for the next best investment.

So, what should we expect from London’s commercial investment market in the second half of 2023? Here is what commercial property agents, in London have to say. 

Table of Contents

  • Covid-19 and its impact on the commercial market 
  • Upgraded office spaces and remote working
  • Retail properties and commercial spaces 
  • Hotels and the hospitality industry
  •  Warehouses and storage spaces

Covid-19 and its impact on the commercial market 

The commercial estate market in London has always been popular among investors, both local and overseas.

However, the Covid-19 pandemic had a devastating impact on the commercial market in London. For one, many businesses had to shut down their operations temporarily. In addition, most companies asked their employees to start working from home, which had a major impact on the market.

Secondly, the uncertainty around the Covid-19 pandemic, due to the multiple ongoing variants of the disease, is not helping the investor’s confidence.

In fact, while most experts are always looking to predict the next investment trend in the market, the uncertainty around Covid-19 is keeping new investors away from the commercial market in London, at least as of now.

Upgraded office spaces and remote working

Usually, big companies and multinational corporations sign long leases – in that case, landlords do not need to worry, at least not yet. However, as new constructions hit the market and the demand changes, landlords and investors will have to rethink their strategy.

For example, as most people work from home, some commercial property owners are converting their properties into shared workspaces. In contrast, others are working on renovations and redevelopment to create a better and bigger space.

On the other hand, some investors choose to invest in fixer-uppers, where they take up a whole building, re-do it completely and upgrade all the amenities to create a world-class office space.

In the future, as the supply increases and the negotiations get tougher, investors and landlords will need to make their office space stand out.

Retail properties and commercial spaces 

Without a doubt, retail spaces were the most hit during the Covid-19 pandemic. Be it homeward stores or clothing stores, non-essential stores that were not allowed to operate during the pandemic were severely hit.

However, according to the experts, we can expect shorter leases and flexible rental terms in the future, which will allow investors/landlords, and tenants to work together better.

Essentially, investors who can rethink their strategy, change their business models and invest in multi-use spaces and co-working spaces will be able to survive in the future.

Hotels and the hospitality industry

People have been sitting at home for months, just waiting for a change of pace and scenery. As borders open, the vaccine rolls out, and tourism picks up again, the hospitality industry will boom.

Most experts feel that hotels with minimal exposure to large gatherings will recover the fastest, so boutique hotels and smaller hotels without conference rooms and meeting halls should do better than others.

In 2023, investment in UK hotels fell by a whopping 70 percent, however as tourism starts to pick up and overseas investors start showing some interest in the UK commercial market again, hotels and the hospitality industry will start booming.

 Warehouses and storage spaces

If one aspect of the commercial industry continues to do well during the pandemic, it is the warehouses and storage spaces. The first lockdown in the UK was very strict, and that is when retail businesses, e-commerce stores, and distribution companies understood the importance of warehouses, as did investors and warehouse owners.

In fact, 2023 was a record year for warehouses, so much so that the number of warehouse constructions doubled in 2023 when compared to 2023. Moreover, as online ordering becomes more popular, the demand for sizable warehouses in prime locations will continue to increase.

We need to keep in mind that London is known as a global financial hub, so many international companies and multinational corporations will pay high rents and high prices to have their headquarters in the capital.

Therefore, investors do not need to worry too much about investing in the commercial market in London, as long as they make wise investments. Eventually, quality investments will always ensure a good return on investment.

Latest Posts:-

  • alent Management Strategy
    How Can Skills Map Revolutionize Your Company’s Talent Management Strategy?
  • Remote Collaboration
    The Benefits of Using Oculus for Business in Remote Collaboration
  • Shipping Efficiency
    Maximizing Shipping Efficiency with a Package Dimension Calculator
Tags: COMMERCIAL INVESTMENT MARKET
No Result
View All Result

Most Popular

Girl with Dimples

10 Reasons Why You Should Marry a Girl with Dimples

February 11, 2023
p2p4u

Top 12 Best p2p4u Alternatives sites to Watch Online Sports for free in HD Quality

February 23, 2023
Children’s Education

Dr Lola Tillyaeva’s charitable work in Uzbekistan showcases the importance of philanthropy for children’s education and healthcare in Central Asia post-Covid

March 31, 2022
Top Cartoons of the 50s and 70s

Top 9 Cartoons of the 50s and 70s – Famous Cartoons

February 22, 2023
scph7502

scph7502.bin Bios Files the Best Bios Files Nowadays

March 1, 2023
HDonline and Its Alternatives

Top 24 Websites Like HDonline and Its Alternatives 2023

February 23, 2023
Load More

Navigate Site

  • About Us
  • Contact Us
  • Write for Us
  • Privacy Policy

Brilliantly

SAFE!

business2news.com

Content & Links

Verified by Sur.ly

2022
No Result
View All Result
  • News
  • Business
    • Small Business
    • Global Business
    • Entrepreneur
  • Finance
  • Technology
    • Digital Marketing
    • Social Media Marketing
    • Tech Brands
    • Gadgets
    • Gaming
    • Reviews
  • Health
  • Fashion
  • Traveling
  • Education & Job
  • More
    • Cars & Bikes
    • Sports
    • DIY Home
    • Entertainment
    • Food

© 2021- Business2news.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT