The commercial real estate sector in the UK is vital to the economy, encompassing offices and business parks, industrial and logistics and retail spaces and shopping centres.
The office market is showing signs of recovery since COVID, especially in prime locations, with demand increasing for sustainable spaces that cater to hybrid working models.
The industrial and logistics sector remains one of the strongest performers in the commercial real estate market, benefiting from the ongoing growth of e-commerce, which has seen demand for modern facilities increase.
The retail sector is experiencing a cautious recovery form the impact of COVID. Of course, online shopping has had a huge impact in this area, but there is a notable shift towards experiential retail and mixed-use developments.
Sustainability is now hugely important in this sector, with developers and investors prioritising green building certifications and energy-efficient designs to meet regulatory requirements and attract environmentally conscious tenants.
A favourable economic outlook and strategic investments in high-demand areas are required to drive market performance. Investors are also looking for opportunities to capitalise on the market’s current low point and benefit from future yield recovery
Many of PTSG’s main and longest-standing customers are in the commercial real estate sector. Here are just a small number of examples of the work the Group’s teams have delivered: