Western Corridor office investment volumes to fall by £1bn in 2019

Amid the UK’s challenging political and business climate office JLL is predicting that office investment volumes in the Western Corridor for 2019 will be around £900m, down from £1.9bn in 2018. So far in the region just over £500m has transacted, JLL reported. “Whilst investor caution has played a part in the reduced levels of investment, the availability of suitable product remains low and motivated sellers are in short supply,” said Angus Minford, head of national investment at JLL. “2019 has been defined by the transaction of smaller lot sizes with most activity happening below the £30m mark, and the