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Germany overtakes UK as most active European commercial property market

Germany overtook the UK as the most active commercial property market in Europe in 2016 with transactions totalling €59 billion, according to the latest research. Although investment volumes declined 14% year on year, global real estate advisor Knight Frank reports that Germany was established last year as Europe’s safe haven due to its robust economy […] The post Germany overtakes UK as most active European commercial property market appeared first on PropertyWire . Continue reading

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Average prices in prime central London market reached a new high in 2016

Average prices in the prime central London property market reached a new high of £1,818,262 in 2016 with the market rallying in the final quarter of the year, a new analysis suggests. Indeed, in the final three months of the year prices in this sector increased 14% quarter on quarter and overall the year ended […] The post Average prices in prime central London market reached a new high in 2016 appeared first on PropertyWire . Continue reading

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House price growth increased across the UK in first weeks of 2017

Average house prices in the UK increased by 6.2% in the 12 months to January 2017, up from 5.7% in the year to December 2016, according to the latest official figures to be published. The average UK house price was £218,000 in January, some £13,000 higher than in January 2016 and £1,000 higher than December […] The post House price growth increased across the UK in first weeks of 2017 appeared first on PropertyWire . Continue reading

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