A projected £46 billion (€52.27 billion/$71 billion) of capital is targeting London’s office investment market in 2021. Investors are looking beyond the COVID-19 pandemic to the strengths of London’s office market fundamentals and safe haven status, according to Knight Frank’s annual London Report, which outlines the opportunities and challenges facing the British capital’s real estate market.
London’s reputation as a safe haven and leading global city is attractive to investors worldwide, particularly as returns are currently very attractive compared to other European and global gateway cities. Removal of the “no deal Brexit” risk premium will be a further catalyst for capital markets activity.
Knight Frank has identified the top three locations with the highest amount of dry powder capital that has been ear marked for the purchase of commercial assets in London this year: Greater China (which encompasses Chinese mainland, Hong Kong SAR and T
