D2 Real Estate along with our alliance partner BNP Paribas Real Estate have just concluded presentations in both Jersey and Guernsey, covering the commercial property market in both the UK & Channel Islands.
It is interesting to see how the latest trends particularly the changes to the working environment are filtering through to the local markets and it’s a reminder to developers, landlords and the respective jurisdictions they need to be adaptable in an ever changing world.
The Channel Islands commercial property market, similar to the UK, had a very strong year in 2018.
Highlights include:
- Record Investment Transactional Volumes
- Improving investment liquidity – significant new buyers HNW’s, syndicates and South East Asian Investors
- Increased occupational Take Up in both Jersey and Guernsey
- Falling vacancy rate in Jersey
- Rental Growth
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