The residential market attracted the largest proportion of real estate investment for the third quarter running, according to new research, which also shows signs of recovery across the wider property market between April and June.

Research for the first half of this year, released today by property consultancy JLL, shows that the headline volume of UK real estate investment was £16.2bn over this period. This was in line with the figure for the first half of 2023 but 25% below the H1 average of £21.5bn.

And including mergers and acquisitions together with land and development investment, the overall volume increased 12% year-on-year to £22.6bn, JLL said.