Central London, where rents office real estate are among the highest in the world, became the best market in Europe for new investment in construction, reported Bloomberg referring to data from a survey PricewaterhouseCoopers LLP.
Property prices and rental rates in Europe fell in 2009, the fastest pace in two decades that, in addition to the weakness of the pound will allow London to get around Munich, Hamburg and Paris and become the most attractive for investments in real estate financial capital of the world.
worst market for real estate investments for the second year in a row is considered to be Dublin. Investors are also reluctant to invest in offices in Moscow, Barcelona and Madrid, considering these markets are too risky.
best return on investment in the secondary sector recorded in Munich and Hamburg, as Germany”s economy last year out of the recession and its recovery is continuing of1bn the growth of world trade. However, both the German city of Istanbul, only a little lost, which has become a leader in the attractiveness of new development projects.
cost of offices in central London for 2 years before the end of July 2009 fell by 50%, but the last 4 months of 2009, property prices in London rose by 4.4%, while rents in the West End have stopped falling .
“The worst is behind us, and London has reached a bottom. There were fears that the market premiumnyh assets with good tenants shaped” bubble “- the head offices of real estate PwC John Forbes.
According to the Investment Property Databank, July-December 2009, sales offices in central London stood at 6 billion pounds ($ 9.6 billion), more than double the figure for the previous six months.
For example, in November, the state pension fund in South Korea spent 1.04 billion pounds to buy back the headquarters of the bank HSBC Holdings in a relatively new business district of Canary Wharf and the two buildings.
At the end of the day Russia”s stock market may deteriorate to a mark in the 1390 points on the MICEX Index
The level of support for fixed-term contract on RTS index today - 142 800 points
Recommendations on RTS Index futures for Monday
Russia”s airlines will increase traffic volumes
Top gainers on the RTS last week began to rally Rosinter, adding 28%
The main intrigue unfolded in the foreign exchange market
AMC investigating unjustified increase in prices for light petroleum products
Deposits of legal entities - Market Overview
Deposit for private individuals - Market Overview
PwC: London has become the most attractive market for new investment in real estate in Europe
Central London, where rents office real estate are among the highest in the world, became the best market in Europe for new investment in construction, reported Bloomberg referring to data from a survey PricewaterhouseCoopers LLP.
Property prices and rental rates in Europe fell in 2009, the fastest pace in two decades that, in addition to the weakness of the pound will allow London to get around Munich, Hamburg and Paris and become the most attractive for investments in real estate financial capital of the world.
worst market for real estate investments for the second year in a row is considered to be Dublin. Investors are also reluctant to invest in offices in Moscow, Barcelona and Madrid, considering these markets are too risky.
best return on investment in the secondary sector recorded in Munich and Hamburg, as Germany”s economy last year out of the recession and its recovery is continuing of1bn the growth of world trade. However, both the German city of Istanbul, only a little lost, which has become a leader in the attractiveness of new development projects.
cost of offices in central London for 2 years before the end of July 2009 fell by 50%, but the last 4 months of 2009, property prices in London rose by 4.4%, while rents in the West End have stopped falling .
“The worst is behind us, and London has reached a bottom. There were fears that the market premiumnyh assets with good tenants shaped” bubble “- the head offices of real estate PwC John Forbes.
According to the Investment Property Databank, July-December 2009, sales offices in central London stood at 6 billion pounds ($ 9.6 billion), more than double the figure for the previous six months.
For example, in November, the state pension fund in South Korea spent 1.04 billion pounds to buy back the headquarters of the bank HSBC Holdings in a relatively new business district of Canary Wharf and the two buildings.
At the end of the day Russia”s stock market may deteriorate to a mark in the 1390 points on the MICEX Index
The level of support for fixed-term contract on RTS index today - 142 800 points
Recommendations on RTS Index futures for Monday
Russia”s airlines will increase traffic volumes
Top gainers on the RTS last week began to rally Rosinter, adding 28%
The main intrigue unfolded in the foreign exchange market
AMC investigating unjustified increase in prices for light petroleum products
Deposits of legal entities - Market Overview
Deposit for private individuals - Market Overview