With interest rates remaining high, albeit on their way down, and business and investor confidence still shaky following the Autumn Budget, it is difficult to see a dramatic revival of prices in the commercial property market in 2025.

Of course, this is great news for investors who still want to take advantage of the window of opportunity in the UK commercial property market. However, if there is one thing that is true, it is that it is dangerous to generalise about the market. There are still going to be some great buying opportunities in 2025, but these will be very property and location specific.

The difference between ‘good’ and ‘bad’ investments will still be dependent on properties’ location and sector, and their size and configuration. This is why niching remains the only ‘game in town’ when investing in commercial property. In a nutshell, the trick to successful investing is to find those locations where tenant demand for units exceeds the supply of suitable units they could occupy.

The best opportunities in 2025, therefore, will come from understanding your investing locations better than most, and building great relationships within them.

However, I have dusted off my crystal ball, and have highlighted below some sectors where I think there may well be some great opportunities to make money in 2025.

1. Offices
There is a “ race to prime’ in the UK office market. What that means is that blue-chip operators are wanting to occupy only ‘Grade A offices’ – highly spec-ed offices which contain the right environmental and renewable credentials. Large second-hand office space now has very limited demand as there are few large tenants who wish to occupy this volume of space. It is even difficult to let these offices on a floor-by-floor basis, as the footprints are too large. This is of course primarily fuelled by Covid and the ensuing changing requirements for office workspace.