Whilst we all get used to different ways of working, relying more on technology, recent experience shows that both the institutional and private investor has been very focused in getting a deal done when they know they’ve got hold of a good product. Long income and well-located development opportunities are hard to access as are smaller industrial lots for a private pension scheme. We’ve sold or gone unconditional on over £17m of stock in three separate deals during the last two weeks; a 30 year PI hotel funding in Kent, a flagship roadside scheme funding in Nottingham with McDonald’s and Costa anchoring, and disposal of part of new industrial development in Leamington. Prime real estate continues to be in high demand in these challenging economic times as investors choose a flight to quality.
Duncan MacLaren
April 2020