Survey London
Survey London
- 2009
- EuroProperty 7 September 2009, 21-25(5) .
Overseas investors are creating a mini-boom in London's commercial property investment market but recovery could be hindered by falling rents and currency fluctuations. The pace of decline in Central London Grade-A office rents is slowing but occupiers remain firmly in the driving seat. The supply of office stock has risen in the West End and the City but investment and rents are down in Docklands. Transactions in London commercial property have been pushed up for the first time since 2007 with foreign investors prominent.
London
Overseas investors are creating a mini-boom in London's commercial property investment market but recovery could be hindered by falling rents and currency fluctuations. The pace of decline in Central London Grade-A office rents is slowing but occupiers remain firmly in the driving seat. The supply of office stock has risen in the West End and the City but investment and rents are down in Docklands. Transactions in London commercial property have been pushed up for the first time since 2007 with foreign investors prominent.
London