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2020
kent
property
market

THE ANNUAL GUIDE
TO INVESTMENT &
DEVELOPMENT IN KENT

Welcome

Now in its 29th edition, the Kent Property Market Report provides an invaluable insight and analysis of the performance of the area’s property by sector and the key projects supporting the county’s growth and economic development.

The Kent Property Market Report is produced by the Economic Development Division of Kent County Council in partnership with Caxtons Chartered Surveyors and Locate in Kent.

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market
overview

The COVID-19 crisis has profound implications for households, the economy and the real estate market, but property can be part of the recovery solution for Kent’s future.

1

Business Park Performance

Kent’s business and science park market remained active during the pandemic,
 with lettings progressing during and post lockdown. The county’s science parks have been active in the fight against COVID-19.

2

Office Performance

The pandemic brought greater caution towards town centre o ce locations during the lockdown period. While uncertainty is likely to persist for now, local towns may attract greater activity in the long term as full time commuting takes a backseat.

3

Industrial and Distribution Performance

Having attracted the attention of both investors and logistics operators for its relative affordability and connectivity over recent years, the pandemic has only added to requirements, driving robust rental growth.

4

Retail Performance

The retail sectors has felt the full impact of the crisis, but there are signs independent retailers are repopulating some towns in the wake of rebased rents. The reorienting of towns and repurposing of retail space will be part of the solution for the future.

5

Rural Performance

The farmland market has remained resilient this year with a strong rebound in activity post lockdown, reports Savills.

6

Residential Performance

Kent’s residential market has proved remarkably resilient during the crisis.
The range of schemes coming forward will continue to attract the growing demand from out-movers from London, but the withdrawal of incentives such as the higher Stamp Duty threshold presents a concern for 2021.

7

Leisure and Tourism Performance

Visit Kent review the year and recent investments as well as the impact on the sector from COVID-19.

green infrastructure

Exemplar projects from across Kent highlighting investment in solar energy.

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Infrastructure and Regeneration

Kent County Council, Medway Council and Kent’s District Councils commentary on infrastructure and regeneration.

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Strategic Developments

The Strategic Developments pages feature a comprehensive list of sites, useful contact details and a location map. The full report can also be found at www.kentpropertymarket.com.

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