UK Commercial Property market report
Everything you need to make the right decisions
Providing the most comprehensive and up-to-date information and analysis of the Commercial Property market, and the behaviours, preferences and habits of the consumer.
Mintel has the answers you’re looking for
What are the key challenges facing the industry and how fast are its rates of growth? Who is the consumer and what do they want? Where are the opportunities, where are the risks and what lies ahead?
The terms of reference for this report concern the UK commercial property market, which includes owner-occupied and investor-owned properties. The report focusses on investors’ share of the market. Commercial property is defined as including retail, offices, industrial premises (warehouses and most types of factory), and ‘other commercial’ properties typically used for business purposes, such as leisure (cinemas, fitness clubs and gyms, leisure parks, etc.), hotels, petrol stations, and other miscellaneous types. The report excludes other commercial property sectors, such as health and education, museums and libraries, sports grounds, courts and prisons, heavy industrial plants, infrastructure and open structures, such as theme parks.
For the purpose of this report, the market is segmented as follows:
- Retail: Shops, shopping centres, supermarkets, retail warehouses, post offices, bank branches, hairdressers and beauty salons, cafes, take-aways, restaurants and pubs, car showrooms, and garden centres.
- Offices: Offices, business units, data and computer centres.
- Industrial: Warehouses and stores, factories and workshops, newspaper printing works etc.
- Other Commercial: Bingo halls, bowling alleys, casinos, cinemas and theatres, arenas, concert halls and exhibition centres, night clubs, hotels, health farms, gyms, sports centres and swimming pools, caravan parks and holiday sites, purpose-built car parks, petrol stations, film, TV and recording studios.
The investment element of the commercial property market comprises a number of different investor types, which are defined by the Investment Property Forum (IPF) as follows:
- UK Institutions (insurance companies and pension funds) - Insurance company long-term funds, unit-linked life and pension funds, managed property funds
- UK & Channel Island domiciled collective investment schemes - Authorised and unauthorised property unit trusts and similar, limited partnerships domiciled in the UK and Channel Islands. Includes Channel Islands property investment companies, but excludes insurance company managed property funds.
- UK REITS and listed companies - Companies listed on the main market of the London Stock Exchange and incorporated in the UK under the REIT and Real Estate Holding & Development categories.
- UK private property companies - Other companies undertaking activities classified under the 2007 SIC either as “the development of building projects”, “the buying and selling of own real estate”, or “the renting and operating of own real estate”.
- UK traditional estates/charities - Charities and traditional landed estates.
- UK private investors - Individuals, family trusts, high net worth syndicates.
- UK other - Mainly local authorities and pub owners.
- Overseas investors - All those domiciled outside the UK and Channel Islands, excluding foreign owned fund managers, insurance companies, and pension funds investing UK sourced capital.
Expert analysis from a specialist in the field
Written by Claudia Preedy, a leading analyst in the B2B sector, her extensive knowledge delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.
The short-term outlook for the UK commercial property market remains cautiously optimistic, with growth of 1% in real terms predicted for 2018. However, there is some disparity between major sectors, with industrial and alternative assets expected to outperform, while sentiment in the retail sector continues to weaken.
What you get
This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
Mintel's proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
Market reports provide appendices of data to support the research and insight produced. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
* This is a sample representation of the report layout and does not reflect the research included in this report.
Why buy from us?
Our reports will provide you with market data, consumer research and competitive intelligence to succeed in your market.
Buy now and you'll have instant access to the information you need to make the right decisions.
Find out what's next in the markets that matter to you: where opportunities lie and what challenges you will face.
A business Superbrand, Mintel is a source you can trust. We have been defining and refining the Market Intelligence mix since 1972.