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West London and Thames Valley Seminar 2016

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​<< Western Corridor

Office market on course for record levels of investment and accelerating occupier take-up

Our annual West London and Thames Valley Seminar took place on Thursday 15 September. The seminar predicted a robust outlook following the EU referendum for the South East office market drawing on the following conclusions:​

  • The region has a diverse occupier base with US and UK occupier parentage making up 38% and 33% of recent take-up respectively​

  • £1.54bn has been transacted in H1 2016 in the Western Corridor, 13% up year on year and 39% ahead of the 10 year average 

  • 88% of deal volume this year has been completed by overseas investors, most notably the four largest deals coming from Asian, Australian and Middle Eastern capital attracted by the UK’s long-term property fundamentals and safe haven status as well as the price play created by the falling value of sterling

  • Key drivers of investor interest revolve around lease and covenant opportunities as well as permitted development opportunities

  • A key theme going forward is set to be decentralisation as government and private sector companies come out of London​

 Speakers

 Fadi Moussalli discussing Middle Eastern investment into the region

 Michael Kenney from Deutsche Pfandbriefbank commenting on the debt market