www.costar.co.uk CoStar UK Investment Bulletin Quarterly Update Q1 2013 Marianne Fitzpatrick Mark Stansfield +44 141 354 0822,
[email protected] +44 207 7009 2989,
[email protected] Q1 2013 UK Investment Trends CoStar Investment Research has recorded a busy start to 2013, with a total of £8.83bn transacted in 445 deals; up 24% from Q1 2012 figures (£6.7bn), though down 14% on the more fervent levels of activity seen in Q4 2012 (£10.3bn). For more information please contact the CoStar Investment Team. £3.2bn was spent on offices in Q1, accounting for more than one third of total investment. However, Investment by Sector (£bn) this figure marks a 25% decrease on the high levels 4.0 witnessed in Q4 2012, and the weakest quarter for 3.5 office investment since Q3 2011. ) bn 3.0 (£ Shopping Centres saw over £1bn of expenditure in 2.5 the first three months of the year, continuing on 2.0 from the upward trend seen in Q4 2012. Shopping 1.5 centre investment was up 76% on a quiet Q1 2012. 1.0 Expenditure Expenditure 0.5 Alternative sectors such as healthcare, hotels and 0.0 service stations were also popular in the first three Industrial Mixed Office Retail Other months of 2013, seeing £2.2bn of investment Q1 2013 598.8 249.7 3,209.0 2,385.1 2,345.4 overall. Q1 2012 564.7 114.2 3,480.9 1,632.2 865.2 Sales of multi-regional portfolios witnessed Regional Investment (£bn) Q1 13 something of a renaissance in the first three months Q1 12 of 2013, with £3.4bn of activity across the UK; up 4.5 80% on both Q1 2012 and Q1 2011 figures.