RCA Insights

Chart: Liquidity Slips in All UK Markets But One

By on October 15th, 2019

Analysis of the effects of the Brexit vote on the U.K. commercial property market has tended to focus on London. However, as the following chart shows, liquidity in all but one of the 14 U.K. markets tracked by the RCA Capital Liquidity Scores has dropped off since 2016.

Scores have declined the most in the less liquid markets, such as Bristol, Cardiff and Newcastle. Birmingham and Manchester have held up better, which shows how investors are happier to keep placing capital in structurally more liquid cities.

The standout is Edinburgh, one of two Scottish cities on the chart, where liquidity is a hair higher than it was at the time of the referendum in the middle of 2016.

1910 UK liquidity all markets COTW MAIN-01

If you are a Real Capital Analytics client you can access the latest RCA Capital Liquidity Scores report and data file on the RCA websiteReaders who aren’t yet RCA clients can learn more about the advantages of RCA data, tools and reports by contacting us

Also on RCA Insights:

Liquidity Grows in US Markets; Europe, APAC Ebb

Liquidity in Dublin at Post-Financial Crisis Record

Tom Leahy

Tom Leahy

Senior Director, EMEA Analytics
tleahy@rcanalytics.com

Tom joined RCA in November 2014. In his role as Senior Director for the EMEA region, Tom is responsible for the development and expansion of the market analytics service for RCA’s European clients.

Prior to joining RCA, Tom was an Associate Director and then Head of Research at UK-based property consultancy, Lambert Smith Hampton. He started his career as an analyst at research consultancy Property Market Analysis (PMA).