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John Slade

John Slade is Non-Executive Chairman of Kroll’s Real Estate Advisory Group and Senior Advisor to Allianz Real Estate.

John Slade

Krolls’ John Slade on whether the UK’s real estate market is back on the up

We will hopefully begin to see a level of stability return to the UK this year. Geopolitical tensions, lasting impacts from the pandemic and Brexit, and interest rates, which are still relatively high compared with the record-breaking low rates of years gone by, have all had an impact on consumer confidence and demand. But optimism is beginning to emerge; let us hope that is reflected across the entire market.

Life scientists in lab

Fears for the market are overinflated

Economic instability has led to speculation about a decline in the commercial real estate market. This is driven by a wealth of factors, not least the impact of the war in Ukraine on supply chains and rising inflation globally, producing higher interest rates. 

Cafe closed Covid sign

Optimism creeps into the CRE sector

Commercial real estate (CRE) has certainly felt the impact of the pandemic. From empty hotel rooms to remote working affecting urban office space requirements, the concerns about the aftermath of Covid-19 touch each sector.

Broadgate Circle current people

Plenty of life left in city offices

How fragile yet dynamic the workplace has become over the past four or five decades. Ever since Sir Stuart Lipton and DEGW produced the Orbit Study to underpin the then revolutionary occupational and related investment case for Broadgate, change has been piled on top of change in a never-ending quest to secure the optimal workplace solution.