A sharp slowdown in UK property investment driven by the Coronavirus pandemic is expected to last less than the two-year hit seen during the Global Financial Crisis, while the Covid-19 lockdown has accelerated structural change and increased focus on ESG among lenders, Savills highlighted today at its 32nd annual Financing Property presentation.
Savills: Covid-19 will be ‘one-year hit’ for UK investment activity
In the face of the pandemic, property lenders are increasingly moving towards awarding a ‘green premium’ for ESG-led real estate borrowing, Savills said at its annual Financing Property presentation
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