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Central London office market can flourish post Brexit, says new analysis

London is a global city, already operating beyond the European Union, and its commercial property market has the ability to flourish after Brexit, according to new research. Of £9.3 billion of overseas capital invested in central London offices some 80% came from outside Europe. China and Hong Kong were the largest source of foreign investment, […] The post Central London office market can flourish post Brexit, says new analysis appeared first on PropertyWire . Continue reading

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Development land market in UK rebounds from post Brexit slowdown

The development land market in the UK returned to more normal conditions at the end of 2016 recovering from the market caution immediately after the vote in June to leave the European Union, according to new research. However, land buyers are being more selective, seeking more due diligence and negotiating deferred payments in many cases, […] The post Development land market in UK rebounds from post Brexit slowdown appeared first on PropertyWire . Continue reading

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Pending home sales in the US picked up at the end of 2016, latest index shows

Pending home sales in the United States picked up at the end of 2016 with solid increases in the South and West offset weakening activity in the Northeast and Midwest, the latest index data shows. The Pending Home Sales Index from the National Association of Realtors, a forward looking indicator based on contract signings, increased […] The post Pending home sales in the US picked up at the end of 2016, latest index shows appeared first on PropertyWire . Continue reading

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