The latest research from CBRE found London’s real estate market is shifting, with investment and occupier trends changing across the capital.
Investment in central London averaged £18.1bn a year over the last decade, making up 32% of all UK real estate investment.
International buyers from over 50 countries completed 62% of property sales since 2016, with most inbound capital from Asia, followed by Europe and North America.
Overseas investors showed particular interest in office and retail, taking 69% and 65% of those sectors.
Just under 7,000 companies have invested in more than 7,600 London-based business activities since 2003, leading to over 300,000 new jobs.
Companies from a broad range of industries and countries picked London, showing its appeal and competitive market.
The research found the City market is seeing more varied industry activity and occupier types.
Richard Smart, head of London markets at CBRE, said: “London is thriving, the city has built solid foundations and a strong reputation over centuries, and as a result, has scale and momentum that is difficult to replicate.
“This powers the leading investment and occupier markets of today, creating unrivalled opportunities across all property types.
“London is at the forefront of the evolving macro-trends and its proven diverse and resilient economy will ensure it capitalises on these structural changes and more nuanced opportunities within its wide range of submarkets and sectors.”
