INVESTMENT IN PRIME LONDON PROPERTY INVESTMENT RISES BY 28% IN Q1 2019
London’s West End and the City welcomed investment of £3.2 billion in the first quarter of 2019. This has now eclipsed the £2.5 billion seen in the same quarter of 2018. ( data released by Savills)
Savills report that investment volumes in Central London in Q1 2019 are higher than those seen in the same quarter of 2015. These is recorded at £3.14 billion and prior to the 2016 referendum to leave the EU.
Savills say that despite the uncertainty of the ongoing Brexit negotiations, Central London has seen significant inward capital flows, such as Citigroup’s purchase of its Europe, Middle East and Africa (EMEA) headquarters at 25 Canada Square for £1.10 billion