06.05.2011 - UK property investment up 41 pct in Q1 2011-JLL
Strong demand for prime UK offices from overseas investors saw first-quarter 2011 direct property investment nearly double to 8 billion pounds ($13.2 billion), with demand for these assets likely to continue this year. Real estate services company Jones Lang LaSalle (JLL.N) said most of the direct investment activity was focused on central London offices, with a supply squeeze and aggressive bidding by overseas and other investors serving to push prices higher..............................................Full Article: Source
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