The start of 2017 saw significant investment in London’s commercial property market.
In total, £4.9billion worth of transactions went through during the three months from January to March.
This is a record level of activity for the first quarter of the year and the highest three-month figure since the end of 2014.
The statistics have been taken as a vote of confidence in the capital’s property market and suggest that investors who may have put deals on hold following the EU referendum are rapidly returning to the market.
Analysis showed that there were a total of 13 deals worth in excess of £100million in the quarter, up from 11 in the previous three months.
Investors for overseas accounted for 80 per cent of the deals by volume, up from 74 per cent in the last set of figures.
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 Chris Picardo or Rufus Ballaster.