Yorkshire & Humber secured the highest amount of regional investment in commercial property, after London and its surrounding regions, in Q2 2018.
Datscha, the proptech platform which shows ultimate ownership of commercial properties, revealed the data in their transactions module by uncovering portfolio deals matched with latest Land Registry data.
With more than £2bn of commercial property activity transacted in the first half of 2018, Yorkshire & Humber secured highest investment in Q2 (£829,108,154) after London and its surrounding counties.
| Region | Value | % Share |
| London/South East/Eastern | 10,015,460,873 | 70.7% |
| Yorkshire and Humber | 829,108,154 | 5.9% |
| North West | 743,437,681 | 5.2% |
| Scotland | 693,171,647 | 4.9% |
| West Midlands | 572,853,475 | 4.0% |
| East Midlands | 498,204,490 | 3.5% |
| South West | 403,602,421 | 2.8% |
| Wales | 278,762,790 | 2.0% |
| North East | 113,477,627 | 0.8% |
| Northern Ireland | 19,250,000 | 0.1% |
Lesley Males, Datscha’s Head of Research, commented: “Our research matches every asset within the portfolio to its correct title deed which reveals, with accuracy, the properties that are being transacted regionally – as opposed to providing a top line summary of the whole portfolio in isolation. Examples of significant portfolio deals during Q2 that featured assets within the Yorkshire & Humber region included the £858m Principal Hayley Hotel deal as well as the £162m Sterling Industrial portfolio. Large single asset deals to complete during the quarter include the Pinnacle in Leeds which was sold for £65m and the Tesco Extra in Doncaster for £53m.”
“It’s a given that London and the South Eastern regions will always top the list of total investment transactions because of the high values they hold, however it’s great to see regions such as Yorkshire and Humber leading investment trends in the regions. Our further research reveals that foreign buyers, namely from the USA, are largely interested in regions such as Yorkshire and Humber (rather than just London’s trophy buildings) as their commercial properties remain competitively priced and hold good utilitarian value.”
Other recent trends uncovered by Datscha analysing commercial property transactions over £3million (of considerable economic impact) in Q1 and Q2, saw North American buyers acquire diversified properties in all corners of the UK, rather than just the Capital.
According to Datscha, Asian buyers (China, Hong, Japan, Singapore, South Korea) account for a total of £4.3 billion investment while North American investors (The USA and Canada) have purchased properties worth £3billion, countrywide. North America outranks Asia in terms of investment levels in every region of the UK except London and Scotland.
