Monday, April 8, 2013

letting agents doncaster | Boom goes on for London’s commercial property deals

letting agents doncaster | Boom goes on for London’s commercial property deals
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letting agents doncaster | Boom goes on for London’s commercial property deals Our rent guarantee scheme is suitable for both existing landlords and potential landlords. If your property is accepted onto our scheme, you will not need to worry about rental income again while you are with us. London's commercial property market continued to boom in the first three months of the year but is becoming restrained because of a lack of both new and older buildings coming onto the market, a leading estate agent said today. letting agents doncaster According to Cushman & Wakefield deals worth £2.75 billion took place in the first quarter of 2013, down from the £3.98 billion of deals in the final quarter of 2013. letting agents doncaster The attractions of the capital as a safe haven for international investors was emphasised by the fact that overseas investors accounted for 71% of the value of all transactions. letting agents doncaster Bill Tyser, head of City investment at Cushman & Wakefield, said: “Activity remains strong with over £2 billion of transactions reportedly under offer. Again much of this activity is limited to a small number of substantial transactions and whilst there are concerns over the availability of stock to meet this intensified demand, there are also signs of profit-taking emerging from investors who acquire property at the beginning of this ‘crisis cycle’.” In the City and Docklands four big buys accounted for three-quarters of £1.77 billion of deals — Ropemaker (£472 million from a consortium led by Axa Real Estate), St Martins of Kuwait at 5 Canada Square for £383 million, TPG and Canadian investor Ivanhoe Cambridge’s £265 million purchase of Woolgate Exchange, and Germany’s Deka paid £225 million for Palestra. View the original article here Guaranteed Rental Scheme is a great way to take advantage of the strong letting market without having to handle the headaches. Please contact us on 020 8694 8098 for extensive references to see how we can help you today.

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