Commercial property investment falls in East Mids

Investment in commercial property across the East Midlands totalled £1.10bn in 2015 – down from £1.9bn the previous year, according to the latest UK Investment Transactions report (UKIT) from Lambert Smith Hampton (LSH).

Despite this fall, performance for the year was just 1 per cent down on the five-year average and 3 per cent up on the 10-year average for the region.

Across the East Midlands, industrial transactions stood at £467m (43 per cent), while retail accounted for almost 36 per cent of transactions with £389m of acquisitions.

The office sector accounted for 4 per cent of the total volume invested at £48m, while £191 million worth of transactions were recorded in other sectors.

Adam Ramshaw, head of the Midlands region at LSH said: “Although investment in the region has fallen in 2015 and Q4 transaction figures for the East Midlands fell to £0.08bn from £0.3bn in Q3, the overall picture for the region remains positive.”

The UKIT report reveals a record-breaking UK performance in 2015, with investment in commercial property totalling £64.3bn.