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Survey London

By: Language: English Series: EuroProperty ; 3 August 2007, 31-35(5)Publication details: 2007Subject(s): Summary: Reports that the price of commercial property in London has increased in recent years due to the sector's attractive yields. Higher interest rates are bringing in more cash-rich foreign buyers to the UK capital. Many skyscrapers are planned as developers satisfy increased demand for office space. Considers that oversupply could hit rents. Demand from the banking and finance sector is pushing up West End rents.

Reports that the price of commercial property in London has increased in recent years due to the sector's attractive yields. Higher interest rates are bringing in more cash-rich foreign buyers to the UK capital. Many skyscrapers are planned as developers satisfy increased demand for office space. Considers that oversupply could hit rents. Demand from the banking and finance sector is pushing up West End rents.