As we head through Q2 of 2023, it is hard to comprehend where we are in the property market cycle.
Before the commencement of the war in Ukraine, the investment market looked to be stabilising and we saw the beginnings of a more solid economic footing after two years of global distress. Indeed, there was almost a cautious sense of optimism in the air.
Twelve months on, and we have seen the coming together of Brexit, the ongoing effects of the pandemic, high inflation, the cost-of-living crisis, interest rate rises and the war in Ukraine, to create the perfect investment market storm.
As a result, we have seen yields push out and caution return to the property investment market, but there are signs that positive shoots are starting to emerge, as Head of Investment, Richard Dawtrey, discusses in our latest property investment report.