Forecast of the UK property market for 2015 by CBRE

The real estate sector of great Britain will continue to expand in 2015, but the General trend will be a slowing of price growth to a more sustainable level. A new analysis of the largest U.S. real estate CBRE confirmed many predictions about the expansion of the market of residential property in the UK. The real estate market of the London will also continue to grow in 2015, but confidence and investor interest will move in the direction of regional markets and secondary real estate market.

According to the data provided the total income of the investors in luxury properties in London in 2014 amounted to 20%, and in 2015 it will drop slightly and will be at the level of 13%.

Parliamentary elections in may 2015 will bring an element of uncertainty in the mood of the market, but the rental yield will continue to grow and investors will continue to attract to this country.

The uncertainty will be observed on the retail market. Despite the fact that increased consumer spending will grow together it will rise and rental rates. All this will allow investors to be confident that they will be able to extract substantial revenues from this sector of the market.

Industrial real estate will remain attractive to investors, the result of the gap between supply and demand. It is assumed that the price of the industrial real estate market will grow in 2015 by 6% relative to the current peaks.

Last year, 2014 was a year of unprecedented price increases for all sectors of the UK property. Next year will be marked by growth of rates of a rent and under the reorientation of investors ‘ interests on the regional real estate markets from London.

Global economic factors, particularly the drop in oil prices will have a positive impact on the UK economy, stimulating the retail trade in all sectors of the economy, including in the retail sectors of the real estate sector.

The combination of all these factors, coupled with the elections in may 2015 will create an intriguing perspective on the real estate market in the UK in 2015.

® Maxim Savitsky G. 07.01.2015

 ALBERT COURT, PRINCE CONSORT ROAD SW7 – £3,950,000

BROMPTON ROAD, KNIGHTSBRIDGE SW3 – £ 5,950,000

BROMPTON ROAD, KNIGHTSBRIDGE SW3- £1950000

FITZJAMES AVENUE, WEST KENSINGTON W14 – £ 2,300,000

HANS COURT, HANS ROAD SW3 – £ 13,950,000

HENRY MOORE COURT, MANRESA ROAD, SW3 £ 12,000,000

IMPERIAL CRESCENT, IMPERIAL WHARF SW6 – £ 4,550,000