£4.7m investment for alternative UK property

01 May 2019 –– Commercial

Investments in alternative property have reached a record high, with £4.7m injected into the sector during the first quarter of 2019.

This asset class now has a 42% share of the UK commercial property investment market, according to reports by Cushman and Wakefield.

In fact, alternative property investments increased by 50% in the first quarter of 2019, compared to the same period last year.

This is the highest ever growth for the sector, which saw an increase of 29% and 35% respectively for the last two quarters of 2018.

These statistics demonstrate the growing demand for alternative commercial property investment opportunities, seen in the consistent rise in the alternative real estate asset class.

The alternative commercial property investment sector includes student accommodation, co-working spaces and care homes.

Jason Winfield, head of UK and Ireland capital markets at Cushman and Wakefield, said: “Investors are looking more broadly at the real estate market and while a flight to alternative assets is typically associated with late-cycle strategies, the strength of the interest is unprecedented.

“The growing understanding and maturity of alternatives as an asset class is proving to be a significant driver for change.”

Overall, over £11 billion was invested in UK commercial property in the first three months of 2019.