Michael McCroddan in memoriam.
Dear Outlier Properties Client,
As we approach the end of 2023, I want to take this opportunity to thank you for your continued trust and support. It has been a challenging year for the real estate industry, but also one of resilience and innovation. Despite the uncertainties caused by the pandemic, Brexit, and the global economic slowdown, we have managed to achieve remarkable results for our clients and partners.
At Outlier Properties, we are proud to be experts in prime central London (PCL) residential and commercial properties, as well as warehouses and hotel chains across England, France, and Madrid. Our portfolio of assets is diverse, high-quality, and strategically located to capture the best opportunities in the market.
According to Knight Frank, PCL residential prices have risen by 404% over the past 25 years, outperforming most other asset classes. The demand for PCL properties remains strong, especially from international buyers who value London’s reputation as a global financial, technological, and cultural hub. We have helped our clients to acknowledge some of the most prestigious and sought-after properties in PCL.
On the commercial side, we have seen a recovery in the office, retail, and industrial sectors, as businesses adapt to the new normal of hybrid working, e-commerce, and sustainability. Cushman & Wakefield reports that office take-up in the Big Five (Birmingham, Bristol, Edinburgh, Leeds, and Manchester) and Central London markets increased by 32% in Q3 2023, compared to the previous quarter. We have assisted our clients to find the best office spaces that suit their needs, whether it is a modern, green-certified building, or a flexible, co-working space.
Warehouses and hotel chains are also among our core competencies, as we have extensive experience and knowledge in these sectors. We have helped our clients to invest in warehouses across England, France, and Madrid, which offer attractive returns and growth potential, driven by the surge in online shopping and logistics demand. We have also helped our clients to find interesting hotel chains in prime locations, which cater to the diverse and evolving preferences of travellers, from luxury to budget.
Looking ahead to 2024, we are optimistic about the prospects of the real estate market, as the world recovers from the high inflation rates and embraces new trends and opportunities. We believe that PCL properties will continue to be in high demand, as London remains one of the most desirable and dynamic cities in the world. We also believe that warehouses and hotel chains will benefit from the rebound in consumer spending and tourism, as well as the ongoing digital transformation and innovation.
At Outlier Properties, we are committed to providing you with the best service and advice, based on our expertise, insights, and network. We are always on the lookout for new and exciting opportunities for our clients and partners, and we are ready to help you achieve your real estate goals and dreams.
Thank you for choosing Outlier Properties as your trusted real estate partner. We look forward to working with you in 2024 and beyond.
Sincerely,
The Outlier Properties Team
Outlier Properties 