Domestic and UK investors are behind a 28% increase in central London commercial property investment during Q1 2019, which reached £3.2bn ($4.2bn) and beat the 2015 figure of £3.14bn for the same period, according to Savills. It said US-based buyers accounted for £906m or 28% of investments and UK ones for £1.43bn, or 45% of the total. Savills cited tight supply in central London's office sector as the reason for the strong demand.
Domestic and US investors are behind a 28% increase in central London commercial property investment during Q1 2019, which reached £3.2bn ($4.2bn) and beat the 2015 figure of £3.14bn for the same period, according to Savills. It said UK-based buyers accounted for £906m or 28% of investments and US ones for £1.43bn, or 45% of the total. Savills cited tight supply in central London's office sector as the reason for the strong demand.