http://www.propertyweek.com/news/retail/-investors-spend-%C2%A31bn-on-prime-central-london-retail-property-in-h1/5084538.article10/08/2016
Investors spend £1bn on prime Central London retail property in H1
9 August 2016 | By Jennifer Hardwick
Investors acquired £1bn of Central London prime retail property in the first half of the year, according to research from CBRE.

Aberdeen’s sale of 361 Oxford Street has been one of the biggest retail deals of the year
The total dwarfs the H1 average of £700m seen in recent years.
Total investment for 2016 is also set to swell significantly in August, with a further £450m worth of deals expected to complete this month.
The market’s reputation as a secure long-term investment has also been bolstered by a third successive quarter of prime yields at record lows.
Phil Cann, head of UK retail at CBRE, said: “London shops have been seen by many as the ultimate safe haven investment, with buyers bucking the ‘wait and see’ trend we have seen in other sectors.
“The strong H1 investment volumes are even more remarkable when considered against the backdrop of uncertainty created by the EU referendum and what is normally a typically slower first half.”
London shops have proved particularly attractive to overseas investors, who represented 60% of volumes in H1.
16/11/2016 16/11/2016 06/09/2016 26/08/2016 26/08/2016 16/08/2016 10/08/2016 27/07/2016 27/07/2016 20/07/2016 19/07/2016 19/07/2016 14/07/2016 12/07/2016 07/07/2016 07/07/2016 13/06/2016 06/06/2016 03/06/2016 12/05/2016 06/05/2016 26/04/2016 06/04/2016 30/03/2016 04/03/2016 26/02/2016 22/02/2016 08/02/2016 05/02/2016 26/01/2016 21/01/2016 19/01/2016 19/01/2016 15/01/2016 13/01/2016 08/01/2016 07/01/2016 06/01/2016 06/01/2016 06/01/2016 06/01/2016 18/12/2015 10/12/2015 18/11/2015 10/11/2015 06/11/2015 28/10/2015 18/09/2015 11/09/2015 09/09/2015 08/09/2015 08/09/2015 07/09/2015 01/09/2015 28/08/2015 25/08/2015 24/08/2015 20/08/2015
|