During Q3 2012, 61% of London office investment came from overseas investors, according to new research by BNP Paribas Real Estate, the leading international property adviser.
The research revealed that 86% of investment into The City during the third quarter of the year came from overseas investors. In addition, 44% of investment into the West End was also made by overseas investors.
Andrew Cruickshank, international investment director at BNP Paribas Real Estate, said: “London is still perceived as a safe haven and although there is subdued occupier activity, the restriction in the supply pipeline means there will be rental growth. This, coupled with London’s perception as a safe haven, makes it very attractive to overseas investors looking for secure assets.”
