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

Classic Car Restoration & Sales (Fast Sale)
Lincolnshire, UK Wide

Expert team of specialist vehicle restoration mechanics and engineers. Spacious showroom and workshops. Please note, this is an accelerated process. Best and final offers are to be received by 5:00pm Monday 17 December 2018.

Asking Price: Offers Invited
Turnover: £343,328

Private & Corporate Event Catering Management Company
South East, UK

A profitable independent catering company that provides catering services throughout the Southeast. This is an opportunity to purchase a business with an established turnover, a loyal customer base and potential to grow. Offers invited.

Asking Price: £220,000
Turnover: £700,000

Takeaway & Delivery Restaurant
Barking, London, South East, UK

Profitable pizza, kebabs, chicken takeaway and delivery restaurant for sale. Established over 20 years. Very busy takeaway and delivery situated in a busy location with custom from local residential area and nearby school. Lots of passing trade from...

Asking Price: £159,000
Turnover: £384,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
11
 
Dec
 

Concrete company acquired in impressive deal | BUSINESS SALE

A Wrexham-based concrete products and quarrying company is s...

 
08
 
Dec
 

Geotechnical firm completes MBO | MBO/MBI

A geotechnical consulting group based in Durham has successf...

 
06
 
Dec
 

Construction company enters administration | ADMINISTRATION

A Bristol-based construction firm has collapsed into adminis...

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