Welcome

Welcome to the eighteenth edition of the Kent Property Market report, produced by Kent County Council's Regeneration and Economy Division, Cluttons LLP and Locate in Kent Ltd, with contributions from Smiths Gore and Cripps Harries Hall LLP.

The report reviews activity and major property deals throughout 2008-09, showing that despite the economic situation, the Kent commercial property sector has continued a relatively healthy performance over the last year. The report also looks in detail at residential, tourism, retail and this year also the rural sector.

The economy section reports that despite the scale of the recent economic turbulence; stimulus and stabilisation measures and a gradually improving economic environment have led to some improvement in the outlook for the UK. Credit constraints persist however, impacting on house buyers and developers. Kent's economy, though generally tracking the UK economy, is likely to benefit from its diversity and lack of reliance on any single sector as well as the launch of high speed rail connections to London in December 2009, following successful preview services that began in June.

The regeneration section features current and planned developments across Kent and Medway, focusing particularly on the growth areas of Thames Gateway Kent and Ashford.

The strategic developments pages feature key commercial sites and developments throughout Kent, as well as providing useful contact details and location map.

We hope you find the report useful and informative. If you would like further information on any of the developments or projects featured please do not hesitate to contact us.