New loan origination fell 22% in the first half of 2023 compared with the same period a year earlier, as steep interest rate rises and property value decline take their toll, according to the latest Commercial Real Estate Lending report led by Dr Nicole Lux, senior research fellow at Bayes Business School (formerly Cass).
Central London's Grade A office market has seen a 4% increase in take-up volume compared to the five-year quarterly average before the pandemic, according to new data from Cushman & Wakefield.
