Weaker sterling draws surge of foreign investment

Weaker sterling coupled with a small drop in capital values since the Brexit vote has led UK commercial property to be discounted by an average of 16% to overseas capital. JLL research has found the depreciation has spurred increased investment in the UK from the...

London’s West End top of Europe for retail spend

London’s West End ranks top of European towns and cities by retail spend, followed by Paris, Madrid, Rome, Munich, Berlin. The research, undertaken by niche retail agency Harper Dennis Hobbs, shows that there are no changes compared to last year in the top six retail...

UK first choice for retail expansion in 2017

The UK has taken the top spot as the most popular destination for retailers looking to expand their store presence in Europe, the Middle East and Africa in 2017. According to research by CBRE, 65% of retailers surveyed cited the UK as their target market for...

What impact will Article 50 have on the property industry?

Downing Street has confirmed that Article 50 will be triggered next Wednesday (29 March). What impact will the start of formal proceedings have on the UK property market? Responding to the prospect at MIPIM last week, Derek Jacobson, co chief investment officer at New...

London property market ‘will resist price crash’

Slowdown has taken place in ‘hollowed out’ expensive central markets London has been cushioned from the prospects of a house price crash by the high levels of equity required to buy property in the capital and the difficulty of mortgage financing at high loan-to-value...