What does this mean for London Property?

• In the last year, Shaftesbury (which owns a large swathe of offices and shops in the West End) recorded a valuation surplus of GBP100.4 million compared to a deficit of GBP196.8 million a year prior.?
• Shaftesbury reported rent collection had returned to its pre-pandemic level at 99%.?
• In PCL average rents are 15% higher than the pre-pandemic average.?
• The number of new properties to rent in October is 49.3% below the pre-pandemic average.?
• There was a 34% drop in the number of sales market appraisals carried out in October compared to September. (Chesterton)?
• The FTSE is 7,486 up c.10% from its “Truss/Kwarteng” low?
• GBP is $1.22 up from its October low of $1.0035?

What does all this mean for the Prime London Property Market?

To discover more, simply [email protected]?to request my latest Prime London Property Trends Letter.