UK real estate sector upbeat for the next 12 months

The UK real estate sector is upbeat over the short term with a new survey finding that 88% are confident about the next 12 months. But the position is less certain in the longer term with just over half, 54%, confident of the real estate sector’s performance in the next five years, according to the survey commissioned by the British Property Federation (BPF) and Grosvenor Britain and Ireland. A majority of property owners and investors, 60%, said their company’s development activity would in...