Iain Keys’ Post

Some great market overviews to come in the next few weeks that shall expand on this Momentum Markets report. For now though, I hope you find this insightful.

Evolving. Transforming. Polarised? Check out our latest M25 & South East research for: 1. A capital markets overview for the year ahead 2. Tips on how to navigate debt markets in 2024 3. An exploration of alternative uses through asset (Re)Positioning 4. A spotlight on innovation-led demand 5. A dive into the Momentum Markets that are embracing market disruption to drive growth Explore our latest insights here: https://bit.ly/3QZeCA1 Darren Mansfield Roddy Abram Simon Rickards Jack Riley Andy Nixon Emma Goodford Henry Wyld MRICS Iain Keys Lisa Attenborough Mark Routledge #M25andSouthEast #NationalOffices #LifeSciences #CapitalMarkets #RealEstate #KnightFrank

Evolving. Transforming. What is the most accurate descriptor of the South East office market? Opinions will differ greatly according to market position, but agreement is drawn when proclaiming that each market across the region is undergoing its most significant change in market dynamics of recent times. Read our latest insights in the 2024 M25 & South East ‘Momentum Markets’ report. Now available here: https://bit.ly/3QZeCA1 #M25andSouthEast #NationalOffices #LifeSciences #CapitalMarkets #realestate Roddy Abram Simon Rickards Jack Riley Andy Nixon Darren Mansfield Emma Goodford Henry Wyld MRICS Iain Keys Lisa Attenborough Mark Routledge

Amid a challenging business environment, several key office markets in the Southeast are registering heightened activity levels. Our latest research explores how these Momentum Markets are embracing disruption to create growth.

Dr Lee Elliott, Global Head of Occupier Research at Knight Frank chats with Craig Van Pelt, Cresa's Head of Research, comparing the regional results of the Corporate Real Estate Sentiment Index between North America, Europe and Asia-Pacific. Across the regions, there is growing positivity around the global economic outlook and corporate revenue growth. However, caution prevails around strategic plans to raise headcount for most companies, with many choosing to focus instead on boosting the efficiency and productivity of their current workforces for the next 6 months. Watch the full conversation here: https://lnkd.in/gCa9nW6h Or listen to it on-the-go: https://lnkd.in/gnkc_NkA

Avison Young's Q2 2024 Tampa Office insights reveal the market's resilience amid macroeconomic challenges. Tampa's positive economic environment sets it apart, driving notable trends: - Job Postings: Office using job postings surged by 44.5% since late 2023, indicating sustained growth. - Absorption: The quarter saw a positive net absorption of 175,068 SF, fueled by robust leasing activity, including significant transactions exceeding 20,000 SF. - Asking Rates: Average asking rates remain steady at $31.25, with landlords maintaining prices while offering concessions like free rent. #TampaRealEstate #OfficeMarket #EconomicTrends #AvisonYoung #CommercialRealEstate

The #Memphis office market had 170,000 SF of positive absorption in Q1 of 2024 which followed 127,000 SF of positive absorption in Q4 of 2023. While these numbers aren't huge in the grand scheme of the market, two data points in a row look suspiciously like a trend; a trend that is the opposite direction of most of the rest of the country. #investmentsales #capitalmarkets #realestateinvestment #realestateinvesting #commercialrealestate Katie Hargett, Haley Lyerly, Cushman & Wakefield | Commercial Advisors - Memphis, Greg Spillyards, Jeb Fields, Stephen MacLeod

Bloomberg Features Marcus & Millichap CEO Hessam Nadji CRE Nuances the Media’s Been Missing Office Real Estate Challenges and Opportunities - Does office distress pose a risk to the banking system or is the sector a contrarian play? - Which office properties face the greatest challenges and which are outperforming? - Current state and outlook for various CRE segments #cre #commercialrealestate #investment #outlook #marketinsight #research #insights

Interesting report on the status of the Office Market throughout the United States. What are your thoughts on the recovery phase? As of midyear 2024, the office market’s growth in the United States varies across different markets. More than 20 cities are nearing an official “recovery” phase, with notable growth in Florida and South Carolina. Read more: https://ow.ly/FXeK50TTE7T #OfficeMarket #RealEstate #CommercialRealEstate #USRealEstate #MarketTrends

Sharing some data with you today from MSCI Inc. 🤓 The long and short of it is: 1) Central business district office asset prices have been on the decline for 10+ years, predating COVID by more than 5 years. 2) Suburban office asset prices have been on the rise for more than 10 years 3) Retail is one of the hottest asset classes in 2024. 4) These are national numbers. Remember: all real estate is local. Hope you enjoy nerding out with me!