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Expert Opinion

A year of change for commercial property

Canary Wharf chief reviews a year when values stabilised and occupier and capital markets optimism returned
Canary Wharf has had a strong letting year for office lettings. (Getty Images)
Canary Wharf has had a strong letting year for office lettings. (Getty Images)
By John Mulqueen
Canary Wharf Group
December 22, 2025 | 12:11 P.M.

This year was an inflexion point for the UK real estate market, with both occupier and capital markets showing renewed positive momentum. Commercial property values stabilised, as borrowing costs eased and investors returned in search of value with a growing sense of certainty and optimism about future prospects.

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