wealth
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 →
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 →
Housing stock value in UK passes £5 trillion for the first time
The total value of all homes in the UK rose to a record £6.79 trillion last year with the South East outperforming London, new research shows. Overall growth of £491 billion underscored housing’s status as the UK’s greatest store of wealth, according to latest analysis from international real estate adviser Savills. It means that privately […] The post Housing stock value in UK passes £5 trillion for the first time appeared first on PropertyWire . Continue reading →