Capital sees record commercial investment activity

The capital saw record investment activity in the first quarter of 2017, with the value of transactions peaking at £4.9 billion.

This represents the most ever in the January to March period, and the highest quarterly total since the end of 2014, says the CBRE report.

It follows a strong performance at the end of 2016, which saw £4.1 billion transacted in Q4.

CBRE, a global real estate advisor, said the figures provided “further evidence of the resilience of the London office investment market”.

It added that overseas investors accounted for 80 per cent of all transaction by volume in the three months to April 2017, up from 74 per cent the previous quarter.

The report also revealed that there were 13 deals amounting to £100 million or more.

Stephen Pearson, Head of City Investment Properties, said: “The momentum we experienced at the end of last year has shown no sign of abating in the early months of 2017 and London remains a central focus for international capital requirements.

“This is a great endorsement of London’s continued appeal and testament to its resilience and ability to adapt and diversify. Appetite from overseas investors for large lot sizes, particularly in the City, will be a key feature of the market for the remainder of the year.”

Carter Lemon Camerons has in-depth knowledge of property law.  Whatever the size of the deal we advise on every stage of your transaction to meet your goals. For more information, please contact Rufus Ballaster.