Some of the largest transactions include Goodman's £126.0m purchase of the 17 unit Mowlem Trading Estate in Tottenham and EQT Exeter's purchase of a 784,952 sq ft investment at Thrapston for £102.0m. See overleaf for more key deals.
With the outlook on office and retail income risk still volatile, global institutional and private equity investors continue to reallocate capital to the sector attracted by strong rental growth forecasts. Investment from overseas investors accounted for over two-thirds of deployment in Q3.
Record breaking capital deployment and strong sentiment across the occupier market has resulted in further downward pressure on yields, which now stand at record low levels of 3.5% for prime assets, with this level being exceeded for investments inside the M25.