London and Yorkshire & Humber have emerged as two of the strongest performing commercial property markets in Britain so far this year, according to new analysis released ahead of UKREiiF 2026.
Property Inspect found that £5.08bn worth of commercial property transactions have completed across Britain in 2026 to date, spanning an estimated 404 deals with an average transaction value of £12.57m.
London continues to dominate the market, accounting for 38.9% of all commercial property investment activity so far this year. The capital also recorded the highest average transaction value at £23.23m.
The South East ranked second for overall transaction value, representing 16.6% of total investment, although average deal values were notably lower at £11.53m.
STRONG PERFORMERS
Yorkshire & Humber emerged as one of the strongest regional performers, however, with average transaction values reaching £16.49m – second only to London. The region has recorded £461.6m worth of commercial property deals so far in 2026, accounting for 9.1% of the national market.
Scotland also posted strong average transaction values at £14.22m, followed by the North East at £14.10m and the East Midlands at £14.02m.
Elsewhere, the West Midlands accounted for 6.7% of total commercial investment activity, while the North West represented 6.5%.
At the other end of the scale, Wales and the South West saw the lowest levels of investment activity, accounting for just 0.8% and 1.4% of total transaction value respectively.
The figures have been released ahead of UKREiiF 2026, which takes place in Leeds this week and brings together developers, investors, occupiers and public sector leaders to discuss regeneration and infrastructure investment opportunities across the UK.
ECONOMIC CONFIDENCE
Sián Hemming-Metcalfe, Operations Director at Property Inspect, says: “Commercial property remains one of the clearest indicators of wider economic confidence and what we’re seeing so far in 2026 is a market that is becoming increasingly selective rather than slowing outright.
“There is still a huge amount of capital targeting quality assets, particularly in regions where regeneration, infrastructure investment, and evolving occupier demand are creating long term opportunities.
“Yorkshire is a good example of that shift, with strong average transaction values reflecting growing confidence in regional cities and development corridors outside the traditional London focus.
“What is particularly interesting is the spread of activity across Britain. London continues to lead in both scale and value, but several regional markets are proving highly resilient and increasingly competitive when it comes to attracting investment. I
“nvestors are looking far more closely at fundamentals such as connectivity, local growth strategies, and sector diversity.”
