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Brexit uncertainty set to continue to impact on central London office market
Anxiety and uncertainty are set to remain central themes throughout London’s office market during 2017, a new analysis suggests. This market is slow but steady but facing unknown challenges as the UK works through the complex Brexit negotiations that lie ahead, according to latest quarterly office market bulletin from real estate consultancy Cluttons. While total […] The post Brexit uncertainty set to continue to impact on central London office market appeared first on PropertyWire . Continue reading →
Overseas investments boost office markets in UK regional cities
Investment into the office market in UK cities was buoyed by overseas buyers in 2016 with international money accounting for 45% of all transactions, up 10% year on year. Despite investment volumes falling from £3.2 billion in 2015 to £2.5 billion in 2016, principally because of political turbulence, overseas investment remained consistent at £1.1 billion, […] The post Overseas investments boost office markets in UK regional cities appeared first on PropertyWire . Continue reading →
Office property market in Scotland buoyant despite year of uncertainty
Despite a year of uncertainty, the Scottish office market remains buoyant, with 2.3 million square feet of lettings in 2016 across Aberdeen, Edinburgh and Glasgow, 10% above the long term average. The research data from the Savills office market watch report also shows that total office investment in the three cities in 2016 reached £565 […] The post Office property market in Scotland buoyant despite year of uncertainty appeared first on PropertyWire . Continue reading →