News
04 July 2012
SINCE THE START OF 2012 MORE THAN £6 BN HAS BEEN INVESTED INTO LONDON OFFICES
Since the start of the year, more than £6 billion has been invested into Central London properties. In total, 85% of investment into the City came from overseas investors, with the North Americans, South Americans and Germans proving to be the most active in this market.
The research also revealed that 71% of investment into the overall Central London market came from overseas investors, with North America, Middle East and Germany proving the most active regions. In addition, 61% of investment into the West End market has come from overseas – the top investors have been from North America, Germany and other European locations.
Andrew Cruickshank, International Investment Director at BNP Paribas Real Estate, said: “London has always been perceived as a safe location for overseas investors - our latest research has proven this to still be true. With the economy facing some unprecedented challenges within Europe and an unsettled outlook in the Middle East, London remains to be the more resilient market – a fact which we believe will remain to be true as we move further into 2012.”
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