London Property DataProperty data, infographics and market reports for Greater London.
Prime commercial property rents increased by 0.8% on average in the first quarter of 2017, boosted by the strong performance of the industrial sector, according to CBRE.
London office vacancy rates increased in the first quarter mainly because of the high volume of secondhand space hitting the market, according to data from Colliers International.
The central London office market won’t suffer the sharp falls in rents seen in previous cycles, according to analysis by CBRE that draws on more than 30 years of data.
Average UK prime yields sharpened to 4.79% in February 2017, with the UK now in the longest sustained period of decreasing yields since early 2014.
After a tough 2016, house prices in prime central London are forecast to grow by 10.3% over the next five years, according to Cluttons’ residential market outlook report.
London has held on to its position as the most attractive city in Europe for real estate investment despite concerns over Brexit, a major investor survey has found.
The Silvertown Partnership plans to build a 300,000 sq ft hub for competitive video gaming as part of the first phase of its £3.5bn regeneration project at the Royal Docks.