As we move into a new year, it seems that people will continue to work from home at least 1-2 days a week as many employers adopt a hybrid working model. We expect that this will influence what tenants will be looking for and foresee the “work from home factor” to continue to be important with many tenants placing high importance on having outdoor space or communal facilities. As we edge further back to normality, we predict that rents will increase pre COVID levels. From a sales perspective, we expect to see a rise in house prices in both London and Manchester with a respective increase of 2.3% and 4.4% predicted vs 2020/2021 values.
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