--- title: "Avison Young: Economic and Property Market Review" description: The UK is continuing to emerge from the third set of national lockdowns. Government announced a further extension to the moratorium on commercial evictions for an additional nine months to now end in March 2022. image: https://blog.redribbon.co/hubfs/Screenshot%202021-10-01%20at%201.40.35%20PM.jpg --- 1 # Reports ![](https://blog.redribbon.co/hubfs/Screenshot%202021-10-01%20at%201.40.35%20PM.jpg) ## Avison Young: Economic and Property Market Review [![Avatar](https://blog.redribbon.co/hs-fs/hubfs/Suchit%20Punnose.jpg?width=34&height=34&name=Suchit%20Punnose.jpg) Suchit Punnose ](https://blog.redribbon.co/en/reports-lists/author/suchit-punnose) ** Oct 1, 2021 1:42:08 PM ** [News](https://blog.redribbon.co/en/reports-lists/tag/news) ** [India](https://blog.redribbon.co/en/reports-lists/tag/india) ** [Real Estate Markets](https://blog.redribbon.co/en/reports-lists/tag/real-estate-markets) ** [growth](https://blog.redribbon.co/en/reports-lists/tag/growth) ** [Property](https://blog.redribbon.co/en/reports-lists/tag/property) ** [Private Equity](https://blog.redribbon.co/en/reports-lists/tag/private-equity) ** [Real Estate](https://blog.redribbon.co/en/reports-lists/tag/real-estate) ** [Investment opportunities](https://blog.redribbon.co/en/reports-lists/tag/investment-opportunities) ** [Funds](https://blog.redribbon.co/en/reports-lists/tag/funds) ** [Economy](https://blog.redribbon.co/en/reports-lists/tag/economy) ** [Economic Survey](https://blog.redribbon.co/en/reports-lists/tag/economic-survey) ** [Indian Government](https://blog.redribbon.co/en/reports-lists/tag/indian-government) The UK is continuing to emerge from the third set of national lockdowns. The ONS reported that GDP grew by 0.8% in May 2021 month-on-month, considerably slower than the 2.3% observed in April. May’s figure incorporates the impact of the second stage of restriction easing on 17th May, which delivered 0.9% growth in the services sector, driven by a 37.1% increase in accommodation and food services output. From a real estate perspective these aspects of the trade deal are most relevant to the retail and industrial sectors and are a far better outcome than a ‘no-deal’ or a deal with tariffs and quotas would have been. ![Suchit Punnose](https://blog.redribbon.co/hs-fs/hubfs/Suchit%20Punnose.jpg?width=150&height=150&name=Suchit%20Punnose.jpg) [Suchit Punnose](https://blog.redribbon.co/en/reports-lists/author/suchit-punnose) / About Author [![](https://blog.redribbon.co/hs-fs/hubfs/Screenshot%202021-10-01%20at%2012.25.57%20PM.png?width=150&height=150&name=Screenshot%202021-10-01%20at%2012.25.57%20PM.png) Previous Article JLL- Global Real Estate Perspective (August 2021) ](https://blog.redribbon.co/en/reports-lists/jll-global-real-estate-perspective-august-2021) [![](https://blog.redribbon.co/hs-fs/hubfs/Screenshot%202021-10-01%20at%202.02.07%20PM.png?width=150&height=150&name=Screenshot%202021-10-01%20at%202.02.07%20PM.png) Next Article Knight Frank: Hotels steering a route to a resilient recovery ](https://blog.redribbon.co/en/reports-lists/knight-frank-hotels-steering-a-route-to-a-resilient-recovery) ### Leave a Reply ### You may also Like [![](https://blog.redribbon.co/hubfs/Imported_Blog_Media/cbrerealestate2020-2-1-1.png) ](https://blog.redribbon.co/en/reports-lists/cbre-real-estate-market-outlook-2020) ##### [CBRE: Real Estate Market Outlook 2020](https://blog.redribbon.co/en/reports-lists/cbre-real-estate-market-outlook-2020) [![Avatar](https://blog.redribbon.co/hs-fs/hubfs/Suchit%20Punnose.jpg?width=34&height=34&name=Suchit%20Punnose.jpg) Suchit Punnose ](https://blog.redribbon.co/en/reports-lists/author/suchit-punnose) ** Jan 26, 2020 12:00:00 AM Corporates face an increasingly complex operating environment amid rapid technological innovation,... 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