The UK economy continues to recover, boosted by strengthening labour and housing markets.
A strong 2014 expected for UK property, as rental growth accelerates and yields harden.
Increasing optimism surrounds the occupier market, with improving prospects for rental growth in the South East and the regions.
Strong return prospects for the South East and regional markets, boosted by improving fundamentals and lessening investor risk aversion.
Retail expected to lag overall, reflecting continued structural change, although prospects polarised.
Rising appetite expected for planning development projects.
Rising investor interest in the ‘Alternatives’ as competition rises for assets in the traditional commercial sectors.
The “hunt for value” to become an increasingly important trend.
Source : M&G Real Estate