The UK continues to remain the most attractive global commercial real estate market, according to BrickVest’s latest commercial property investment barometer.
The BrickVest Barometer for second quarter of 2017 reveals that one out of three commercial real estate investors or 31 per cent globally prefer UK over rest of the regions. The UK has been maintaining this position since June 2016 despite economic downturn in the wake of Brexit. This demonstrates the strong fundamentals of the UK property market, which continues to offer good ROI in the long-term.
The second position is occupied by Germany with 24 per cent of the commercial investors opting for the European nation. The US is in the third position (21 per cent) followed by France (15 per cent).
The Barometer also revealed that French, German and US investors are more favourable towards the UK since June last year. Nearly a quarter (24 per cent) of French, a fifth (19 per cent) of German and 23 per cent of US investors suggested they prefer the UK in June this year, representing an increase from last year across the board from 22 per cent, 18 per cent and 20 per cent respectively.
Despite Brexit, more than four in ten (43 per cent) BrickVest UK investors selected their home market as their preferred location.
Emmanuel Lumineau, CEO at BrickVest, commented: “Despite a series of significant events over the past 12 months including Brexit, our latest Barometer shows the UK remains the preferred location to invest in from our global investor base. Since the vote in June last year, we’ve seen a 72% increase in the number of investors joining the platform and are seeing plenty of appetite from investors for property as an asset class.”