Article Abstract:
British residential real estate has risen in price, and growth has accelerated following a modest rise from 1996 to 1999. Economic growth combined with a shortage of good quality properties have helped to push up prices. Mortgage costs are rising as interest rates rise and tax concessions are withdrawn. Demand in central London is fueled by financial services and IT workers, and those buying real estate to let it out. Country house prices are also affected by the financial services industry. There are regional variations, and investors buying to let have to assess whether capital growth is important, or high yields.
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Article Abstract:
The market for United Kingdom residential real estate is attracting interest from institutional investors due to concern about international stock markets. The market appears to be slowing which means that returns are likely to be poorer than prior to 1998. Residential real estate accounts for a small proportion of total institutional real estate investment and access may not be easy since there is an historical lack of interest. This in turn tends to hamper access.
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Article Abstract:
London, England, performs well in terms of office rents, followed by Frankfurt, Germany, and Paris, France. Other European countries have yet to show such a strong performance. London benefits from strong tenant demand and offers work skills, language and culture which are attractive in the international market. United Kingdom leases are relatively long, and this means that rent increases are infrequent and may be large. European markets for office real estate tend to be more flexible.
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