City Investment Market Soars in Q1 2017

24th April 2017
City Investment Market Soars in Q1 2017
The first quarter of 2017 was the most active for the City of London investment market in 10 years, according to a recent report. 

With £1.9bn of commercial property deals transacted in March 2017 boosting the quarterly total to £2.6bn, this is the largest first quarter since 2007. 

33 deals have been done in total, with Asian purchasers accounting for 64% of them; a key indicator of their importance to the market. Fleet Place House EC4 (pictured), for instance, was bought by Beijing SHOKAI for £96.5 million while KanAM acquired 1 Wood Street, EC2 for £179.5 million.


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