Christopher Waight MRICS

#JDWJournal | Head of Sales, Jimmy Waight discusses how the peak of the spring market presents an opportune time for both buyers and sellers to make significant moves in the property market. Click here to read more 👇 https://lnkd.in/epF-zPwY #johndwood #spring #sales #estateagent #property #propertymarket

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Today we published the CBRE UK Property Investment Yields for September 2024. We reported no change to yields as a pick up in deal volumes anticipated by many following the recent base rate cut is still awaited. A sector by sector summary is below. If you are interested in subscribing to our monthly yield publication or wish to discuss this further do reach out. Retail - Yields remain resilient for sub £5m lot sizes in prime locations. Secondary remains asset specific. Out of Town Retail - New opportunities awaited post summer as most existing stock now spoken for. Industrial - Most activity with multi let estates and opportunities where reversions are attractive. Offices - Slow pick up in transactions as stronger interest in larger lot sizes is awaited. Long Income - More stable yield categories as confidence improves. Hotels - No change in yields, however investment activity continues to gather pace fuelled by portfolio deals. Both the CBRE IP and Valuation teams are currently very active with significant mandates. Residential - Market continues to trend stable, with improved investment volumes anticipated following recent base rate cut and announcement of new Government. Student - Strong demand for the most prime properties, but purchasers pushing for meaningful discounts on non-core assets not meeting all best-in-class requirements.

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BBA Times property market updates - https://lnkd.in/ebBzCSwf 📈 Rents rising with Savills forecasts UK rents to grow nearly 18% by 2029, driven by strong demand and limited supply. 🏡House prices are slowing as predicted by Knight Frank, higher borrowing costs will cool house price growth to 2.5% in 2025, with affordability challenges ahead. #PropertyFinance #UKHousing #PropertyTrends

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Hot Off The Press | We are pleased to have our John D Wood & Co. Head of Sales, James Waight MRICS MNAEA, featured in PrimeResi Journal's recent article - "Talking Heads: Property industry leaders' Autumn Statement wish lists". James' thoughts on stamp duty reform leads the way as the first detailed opinion in the piece - "In the upcoming Budget, my top priority would be a sensible reform—not abolition—of stamp duty, which could be pivotal for the UK housing market." Touching on the rental sector, James states "additionally, maintaining current capital gains tax levels would be prudent for the rental sector...benefiting both landlords and tenants." 🌐 For enquiries, contact us via our website or DMs. Tanya Hasking #PrimeResi #PrimeProperty #AutumnStatement #Budget

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🏢 Unlock the potential of the property market with Lawsons Wealth. Invest in high-yield UK real estate projects across residential and commercial sectors. #Property #RealEstate #PropertyInvestment #BuildYourFuture

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Finding the Perfect Commercial Space to Lease. Discover how a commercial lettings negotiator from Galaxy Real Estate can help you find the ideal commercial space for your business needs. 📞0208 004 1111 📧[email protected] #CommercialRealEstate #LeaseNegotiation #BusinessGrowth #SpaceSearch #GalaxyRealEstate

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The leasing market has seen a continuation of the positive momentum from the second half of 2023 into Q1 2024. Take-up in Q1 reached 648,000 sq ft, showing a 35% increase compared to the same period in 2023, although it still remains 10% below the five-year average. Notable submarkets such as Maidenhead, Luton, Woking, Basingstoke, and Chiswick have experienced high levels of occupier demand in Q1 2024, surpassing their five-year average take-up levels. The Western Sector remains the most active, accounting for 48% of the total take-up in Q1. Despite the overall positive trend, there are still submarkets with limited occupier demand, with varying levels of requirements across different areas. Demand is expected to remain strong for Prime Grade A offices with high amenity offerings and strong ESG credentials. See more:

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Best Deal Properties director Erskine Vella shares how exploring global real estate trends shaped the properties they offer today 🌍🏡 #BestDealProperties

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In our Mainstream Residential Forecasts, our Savills research team has outlined expectations for UK price growth, transactions, and rental trends over the next five years: https://lnkd.in/evuTx4fv. Highlights include: ➡️ Predicted 4% growth in UK property values for 2025, with a cumulative 23.4% by 2029, led by the North of England and Scotland. ➡️ Transaction volumes are projected to increase, especially among first-time buyers. ➡️ Rental growth to moderate in line with income growth, reflecting affordability constraints. For deeper insights, explore our team's analyses covering regional variations, economic influences, and market dynamics. #Savills #SavillsResearch #UKProperty #HousingForecast #Residential Savills Residential

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We are delighted to launch Chancel Close IE, Gloucester on behalf of Telereal Trillium. The salient details for Chancel Close are as follows: * The property comprises a 13 unit estate occupied by 11 tenants. * Let to a diverse mix of longstanding tenants. * Prominently situated on Eastern Avenue, Gloucester’s most established trade counter and out of town retail location. * Located opposite Halfords and in close proximity to B&M, The Range, Toolstation, McDonalds and Starbucks as well as other retail and trade occupiers. * The property is immediately adjacent to the new Costco site. * Rent of £696,381 per annum reflecting an average rent of £6.68 per sq ft. * Recent letting of Unit C at £7.73 per sq ft demonstrates imbedded reversion. * WAULT of 7 years to lease expiry and 3.3 years to breaks. * Freehold. * ERV of £870,727 per annum, reflecting a reversionary yield of 8.75%. * 77% of the units have been refurbished in the last few years including metal over roofs. * Immediate asset management opportunity to refurbish and re-let the most prominent unit on the estate - Unit A. We are instructed to seek offers in excess of £9,325,000, subject to contract and exclusive of VAT. A purchase at this level reflects a net initial yield of 7% and a reversionary yield of 8.75% (assuming purchaser’s costs of 6.69%) and a low capital value of £89 per sq ft. Please let me, Tom or Hannah know if you have any questions or require further information.

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With the property market shifting in 2024, certain areas in London continue to attract strong buyer interest. Data from Rightmove reveals that the boroughs of Croydon, Hackney, and Waltham Forest are among the top performers, seeing some of the highest sales activity in recent months. In fact, Croydon saw a 12% increase in property transactions year-on-year, with the average property price reaching £380,000 still considerably lower than areas like Kensington and Chelsea. But what’s driving this shift? Affordability and transport links are key factors, with many buyers looking for value outside of central London. Yet, areas like Islington and Westminster are also holding their ground, with luxury markets showing resilience despite wider market fluctuations. (Sources: Rightmove, Property Trends Report, 2024; Land Registry, House Price Index, Q2 2024)

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Delighted to of had my article picked up and published by BTR News Really does showcase why Leeds is a unique investment opportunity just in time for our new launch #property #wealth #btr #business ##realestate

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