Manchester's office market records the strongest H1 since 2019, driven by the flex sector. The overall vacancy rate decreased to 6.9%, supported by robust leasing activity and anticipated speculative space completions. Prime rents are on the rise, reflecting the demand for high-quality spaces. Read the complete analysis: https://co.jll/46SLzVu
About us
JLL UK, a leading professional services firm specialising in real estate and investment management. We take pride in choosing the more intelligent, optimistic, and collaborative way forward. With over 200 years of real estate experience, we are,and always have been, in continual pursuit of brighter ways of working. Our expertise is backed by mass global intelligence, emerging technologies, and data and insights, allowing us to uncover smarter solutions for clients in the UK and globally, all backed up with local insights for UK clients.
- Website
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https://www.jll.co.uk/
External link for JLL UK
- Industry
- Real Estate
- Company size
- 5,001-10,000 employees
- Headquarters
- London
- Specialties
- real estate, commercial property, property services , office, sustainability, technology, ESG, Investment, Industrial, and residential
Updates
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We are excited to announce the release of our latest UK Capital Markets Review and Outlook for H2 2024! This report provides a comprehensive analysis of market trends and investment volumes, which reached £16.2bn in H1 2024. Although the total investment is flat year-on-year, it's still 25% below the 10-year average. Key highlights: • The living sector leads with £4.8bn, showing resilience in single-family rentals and student housing. • International investors remained active, contributing to 52% of H1 volumes, with the USA leading. • 76% of respondents expect market conditions to improve in H2 2024, supported by falling interest rates and economic growth. Stay ahead with our latest research here: https://co.jll/3Z2B9Ra Cameron Ramsey Ariya C Adam Challis Julian Sandbach Andrew Frost Tim Vallance #UKCapitalMarkets #CREInvestment #CommercialRealEstate #RealEstateTrends #JLL #CapitalMarkets #MarketOutlook #InvestmentConfidence #EconomicGrowth
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4 September sees Huw Forrest, JLL’s Capital Markets Head of UK Student Housing, joining the Financing & Doing Deals panel at the BISNOW Student Accommodation Summit. t The panel will be discussing investments trends within the UK’s PBSA market, demand and opportunity, and why it is the hottest residential asset class. Join us at 2:50pm for an insightful session, and if you’re not already registered there is still time do so: https://co.jll/3X6dH36
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Leeds experiences its lowest quarterly take-up since Q4 2020 but remained resilient with over 350,000 sq. ft. delivered, placing it third in terms of take-up across the Big 6. Vacancy rates have reached double digits, but a constrained pipeline suggests it will start to contract in the future. Full insights here: https://co.jll/3WWgZ8S
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We are thrilled to announce that JLL has been selected in not one, but TWO highly prestigious categories at this year’s Property Week ESG Edge Awards. We are in the running for the coveted Sustainability Consultancy of the Year (Large) Award and the equally prestigious Education and Awareness Award category! Taking place on 12 November 2024, gaining this recognition highlights our commitment to advancing Environmental, Social, and Governance principles within the property industry. We are proud to be part of an event that celebrates the remarkable achievements of organisations dedicated to making a positive impact in the industry. #JLL #ESG #ESGEdgePW #PropertyWeek
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Glasgow sees the highest take-up since Q3 2021, with 126,400 sq. ft. leased in Q2. Despite an increase in overall vacancy, there is a strong demand for quality space. The development pipeline is highly constrained, impacting future supply. Find out more here: https://co.jll/4dLFI6C
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Throughout August, 128 JLL colleagues got involved in our new innovation programme, product_lab. The programme challenged participants to maximise the potential of the market leading technology we have within the business. During concept week, the experts hosted insightful lunch and learns and demos of technology to showcase the range of JLL’s tech stack. Following this, the teams developed and submitted 19 innovative ideas during project week. The finalists were then interviewed by our Innovation SteerCo. of senior leaders throughout the organisation, led by Alister Langdon. A huge well done to all participants for their engagement, dedication, and creativity throughout the programme, and congratulations to Team ‘Sustainability CM Consulting’ for emerging as the winners of product_lab 2024 with their innovative idea combining existing tech around transactions and sustainability. Moving forward, Sustainability CM Consulting as well as our two runners up will collaborate with business leaders to bring their ideas to life at JLL. #innovation #techevolution #collaboration Sophie Williams Harriet Hogg MRICS Will Gray Phoebe Stewart Georgina Chillingworth MRICS
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Edinburgh's H1 leasing volumes are the highest since 2019, but vacancy rates have spiked due to an influx of second hand space. With a lack of speculative development, prime rents are under upward pressure. The investment environment remains challenging with subdued volumes. Full report available here: https://co.jll/4dQa6Nb
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Join our Capital Markets team on Wednesday 10th September for our upcoming Industrial & Logistics webinar: Quantifying the benefits of warehouse retrofitting. For more information and to register to attend click here: https://lnkd.in/evi62VgQ #JLL #Retrofitting
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Bristol sets a record with prime rents hitting £48.00 per sq. ft., the highest in the Big 6. Leasing volumes are 70% ahead of H1 2023, but the vacancy rate remains stable at 5.1%. With high speculative developments nearing completion, the market is poised for a supply gap in the medium term. Read more here: https://co.jll/3MbJ1bp