Promising signs for the capital’s commercial property market

The appetite for properties in London is expected to soar in 2018.

Twelve months ago, some experts were worried about the impact that the EU referendum would have on the market, but the city has showed its resilience.

Towards the end of last year record deals were done for two prime sites – the Leadenhall Building and 20 Fenchurch Street – both of which were bought by Hong Kong investors for well in excess of £1billion apiece.

And across Europe as a whole, provisional figures for 2017 indicate that the last 12 months were more buoyant than 2016.

Indeed, data out this month shows a growing appetite for flexible offices across major cities, including London, Paris and Berlin.

Although the report warned that political uncertainty across the continent could yet have an impact on transactions in the 12 months ahead.

Carter Lemon Camerons has in-depth knowledge of property law.  Whatever the size of the deal we advise on every stage of your transaction to meet your goals. For more information, please contact Chris Picardo (ChrisPicardo@cartercamerons.com) or Rufus Ballaster (RufusBallaster@cartercamerons.com).