Survey London
Survey London
- 2010
- EuroProperty 2 August 2010, 17-21(5) .
Volumes levels in the City of London investment market reached £3.3bn in the first half of 2010, still significantly down on the boom years of 2005-2007. Investors from many countries are seeking prime and well located secondary assets. Cash influx and supply imbalance have caused downward pressure on yields. West End investment volumes totalled £980m in the first quarter of 2010 with UK buyers taking up 42% whereas in 2009 78% of central London purchases were by overseas investors. The severe shortage of new-build space is likely to worsen into 2011 encouraging pre-lets of buildings due in 2012. Central London's largest source of real estate capital this year is expected to be Qatar.
London
Volumes levels in the City of London investment market reached £3.3bn in the first half of 2010, still significantly down on the boom years of 2005-2007. Investors from many countries are seeking prime and well located secondary assets. Cash influx and supply imbalance have caused downward pressure on yields. West End investment volumes totalled £980m in the first quarter of 2010 with UK buyers taking up 42% whereas in 2009 78% of central London purchases were by overseas investors. The severe shortage of new-build space is likely to worsen into 2011 encouraging pre-lets of buildings due in 2012. Central London's largest source of real estate capital this year is expected to be Qatar.
London