31.10.2012 - Overseas investors drive 61pct of London office deals
Overseas investors accounted for over 60% of London office investment in the third quarter of 2012, according to new research by BNP Paribas Real Estate. During the third quarter, the real estate adviser tracked some 2.58 bn (EUR 3.2 bn) of office deals in the UK capital. The research revealed that as much as 86% of investment into The City (1.36 bn) came from overseas investors during the third quarter of the year. In addition, 44% of investment into the West End (950 mln) was carried out by foreign investors. The Midtown area of London attracted 270 mln of investment...............................................Full Article: Source
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