Partner Article
North American buyers: most widespread UK commercial property investors in 2018
North American investors account for the most widespread commercial property buyers across the UK in 2018 to date.
Latest analysis of 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 in the capital.
According to Datscha, the proptech platform which shows ultimate ownership of commercial properties, Asian buyers (China, Hong, Japan, Singapore, South Korea) account for a total of £4.3 bn investment while North American investors (The USA and Canada) have purchased properties worth £3 bn, nationwide. North America outranks Asia in terms of investment levels in every region of the UK except London and Scotland.
Lesley Males, Head of Research at Datscha who recently launched their Transactions Module, which contains the most up to date deals, matched up to ultimate owners commented: “The significance of this trend is that North American investors have a diversified interest in UK commercial properties, from offices, development land to student accommodation. Although Asian investors might rank highest in terms of total investment for the UK, those figures are skewered by their interest in the City of London on a number of expensive trophy buildings such as the £1bn sale of 5 Broadgate to CK Asset Holdings and the £650m sale of Ropemaker Place to Ho Bee Land.”
This was posted in Bdaily's Members' News section by David Stoch .
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