Central London property sales reach £9b
Investment into commercial property in Central London reached nearly £9 billion ($11.6 billion) during the first half of 2017, an 18 percent increase on the same period in 2016, according to data from Cushman & Wakefield.
The first half of 2017 was the most active first half of the year for Asia Pacific investment in Central London in the last five years, totaling £4.07 billion ($5.23 billion), or 46 percent of the investment total. Acquisitions were made by Asia Pacific investors from Hong Kong, Singapore and China.
German investors also led the return of European investors to the Central London market. Of the seven deals valued at more than £200 million ($257 million) in the City of London, four of these were acquisitions by European investors, of which three were German investors.
The following are IREN stories covering the London market: