Ian Scott International

NEWS

Property professionals twice as optimistic about the sector compared to last year

Confidence among property professionals about the health of the real estate market has doubled since last year, according to a new survey.

Property investors, developers and agents controlling a combined £400bn of assets were asked about how optimistic they were about the future of UK real estate, with 29pc saying they were feeling optimistic.

In last year’s survey, just before the Brexit vote, only 14pc of respondents said they were feeling optimistic.

The survey, carried out by law firm CMS, also found that just 23pc of respondents were pessimistic about the market, compared to 63pc last year.

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