Over £52bn of equity targeting Britain's real estate market
Equity totalling more than £52 billion is targeting the UK's commercial development market, a property expert has claimed.
More than £52 billion of equity is now targeting Britain's commercial development market, with 80 per cent of this focused on central London, an organisation has estimated.
Transactional values in London's office market were up by 34 per cent last year when compared to 2009's figures, with overseas equity from property investment companies contributing to the increase, according to statistics from Jones Lang LaSalle.
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