Global investors still keen to invest in London
For those moving to the capital, investment is still strong in the London area
If your office is keen to grab a slice of the London business hub, you'd be hard pushed to find a better base for your company and things have only gotten better since an upward swing in the amount of investment reaching the capital. According to a recent property market analysis, commercial real estate investment in London is on a roll with nearly 27 per cent of all cross-regional investment transactions over the period of 2009 and H1 of 2010 attributed to deals in the capital city. Furthermore, it has been reported that 22.4 billion Euros were invested in the cross-regional investment market over the past year and a half showing a strengthening in conditions for the commercial property market as a whole. Of this amount, more than 6 billion Euros of this has been plumbed into the London market alone.
Head of the EMEA Capital Markets at CB Richard Ellis, Jonathan Hull, commented on their findings: “As the market becomes more stable over the coming months, we expect that the major cross-regional investors will broaden their horizons and that London will become less dominant as a destination for international capital.” It also indicates that although investment conditions are improving, investors are still seeking safe bets in terms of where they put their money. It still may take some time for areas outside London to see similar upturns in terms of office property investment.