UK is now the most creditable global location for commercial property investment
In accordance to 'property wire' , the UK is now the most popular location globally for commercial real estate investment with Germany losing center stage as the most commercial property hotspot.
Britain’s popularity among investors increased from 27% in the third quarter of 2017 to 29% in the fourth quarter and the United States and France have also gained popularity among investors.
Indeed, Germany has gone from the top spot to fourth place behind the UK, the US and France, according to the latest commercial property investment barometer from 'BrickVest'
The Barometer also revealed that the hunt for income ranked highest at 38% as the primary investment objective of BrickVest investors this past quarter. This has risen by 6% from 32% in the third quarter of 2017.
The report says it is notable that interest in secondary cities as target markets continues to steadily increase from 37% in the third quarter of last year to 41% by the end of 2017. These include cities such as Birmingham, Newcastle and Bristol.