Foreign investor interest in UK property slows

Thu, 18 Feb 2016 | COMMERCIAL PROPERTY

New research suggests that overseas investor interest in commercial property for sale in the UK is on the slide, with growth recorded at its slowest rate in more than two years.

In its quarterly UK Commercial Market Survey, the Royal Institute of Chartered Surveyors (RICS) found that buyer interest continued to rise in each sector, but noted that growth is now at its slowest rate since Q3 of 2013.

MarketWatch attributes the slowdown in commercial real-estate to weak oil prices and volatile stock markets. It’s a claim backed up by City AM, which also suggests that the slowdown in growth is a sure sign that changes to stamp duty tax is taking its toll.

Nevertheless, properties for sale remain in short supply, so values are still anticipated to rise across the UK over the next 12 months, fuelled by prime-location offices and industrial property.

However, the RICS said respondents from central London have scaled back their expectations, with around 81 per cent warning that the central London real-estate market is still overpriced.

This contrasts only slightly with views of the UK property market as a whole, where some 85 per cent of respondents said prices were either at or below fair value.

Simon Rubinsohn, the Chief Economist at RICS, commented: “For the time being the real estate sector seems largely insulated from the turmoil affecting financial markets. Indeed, the prospect of a ‘low for longer’ interest rate environment provides further comfort for those parts of the property market where values are looking a little stretched and arguably more vulnerable to a material shift in monetary policy.”

Read other commercial properties for sale news stories or view commercial properties for sale.


Share this article



Latest Businesses for Sale

Day Spa
Manchester, UK Wide

A very reputable, award winning, day spa offering a selection of rejuvenating treatments is available in the bustling city of Manchester. Offers invited.

Asking Price: £315,000
Turnover: £600,000

LEASEHOLD


Automotive Repair Business
Gloucestershire, UK Wide

This is a longstanding automotive repair business in Gloucestershire, now available for an interested buyer to purchase. Offers invited.

Asking Price: £925,000
Turnover: £414,249

FREEHOLD


CNC Precision Engineering Firm
Isle Of Wight, UK Wide

A remarkable opportunity has emerged to acquire an established precision engineering business which has cemented solid foundations since it began trading in 1998. Offers invited.

Asking Price: £1,200,000
Turnover: £907,946

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
21
 
Apr
 

Cambridge artificial intelligence / machine learning company bought by customer | BUSINESS SALE

Early stage advanced data analysis company Rinocloud has bee...

 
19
 
Apr
 

Accountancy firm to expand in Scotland | BUSINESS SALE

A UK-based accountancy firm with offices peppered across the...

 
18
 
Apr
 

Recruitment firm acquires counterpart | BUSINESS SALE

Swindon-headquartered recruitment company Outsource UK has s...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources