Office occupiers in the Channel Islands are consolidating into new, prime stock. A wave of new office development in Jersey is changing the dynamics of the market
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Office demand continues to be driven by financial services. Performance in Guernsey and Jersey's residential markets has diverged
"Both islands are internationally respected financial centres, and while the direct impact of Brexit will be more limited than the UK, a knock-on effect will still be felt"
"Office occupiers in the Channel Islands are consolidating into new, prime stock. A wave of new office development in Jersey is changing the dynamics of the market"
"The Jersey residential market is buoyant, while Guernsey’s is beginning to show signs of picking up following recent price falls"
"Expectations of higher interest rates have remained just that, expectations. Uneven economic data as well as rising geo-political tensions have combined to create an unstable environment for rate increases."