Highlights from our analysis;
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* Transaction volumes have already exceeded 2023 levels, heading to surpass pre-Covid levels (without any forward funding transactions) based on pipeline under offer.
* Diversity of buyers/capital from institutional to private investors.
* Yields trending downwards and more evidence coming through to support the trend - still sizeable gap between prime and the rest.
* Sentiment now positive as operators largely continue to trade well, albeit some signs of a slow down.
* Average transaction time still an issue, 5/6 months based on our data.