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Increased Interest in Regional Commercial Property

Increased Interest in Regional Commercial Property

22nd January 2015

According to a recent article by Reuters, foreign competition in the commercial property market in London is forcing British investors to look at investment opportunities in regional cities. In order to combat rising rents in the capital city, many are making purchases privately for commercial property in towns and cities outside of London while some are building new office buildings from scratch.

During the financial crisis of recent years, commercial and residential property in London has become a popular safe haven for, among others, Russian, Chinese and Southern European investors. Office prices in the city have bounced back strongly from the lows and competition for property in the capital remains high.

Local investors are increasingly seeing opportunities elsewhere. Chris Perkins of M&G Real Estate commented that there is a need to be “savvy as to where we invest, and there are some markets in the UK, particularly prime core London, which we see as fully priced."

If you are interested in purchasing or renting commercial property in Kent or the surrounding regions, contact Sibley Pares – the leading commercial property agent in the county, for advice on available properties that may suit your business or investment requirements.