For the private investor, 2018 was the year when alternatives to high-street retail became mainstream, writes Nilesh Patel, a director at Prideview Group. With a tough retail climate – exasperated by unrelenting uncertainty surrounding Brexit – investors are now questioning what exactly defines a quality commercial property investment. More variety is being offered for sale as a result and for the traditional retail lots, high yields continue to attract many opportunists.
As a result, auction sales results were pretty strong with Allsop recording 85% in 2018 and Barnett Ross more than 90%. Our transactional activity remained strong too,