Lamport Bassitt Solicitors - Legal News - London 'a safe haven for commercial property investors'


	LATEST LATEST LEGAL NEWS ARCHIVE		LATEST NEWS & EVENTS London 'a safe haven for commercial property investors' Commercial property investors might agree with an expert's verdict that real estate in London has an enduring appeal to businesspeople across the globe. Ed Mead, director at Douglas & Gordon, discussed the pull of the destination for those looking to locate an enterprise. He said that "London is always a safe haven" for investors, both financially and politically. Mr Mead added that for many buyers from abroad, "it is the first place they think of in the world for going to buy a property". This may especially be the case for people from parts of the world where currencies are under pressure. According to recent figures from Knight Frank, prices for prime central London properties dropped in July by 0.5 per cent - which represented the first monthly fall since March 2009. In this way, now may be an opportune moment for many purchasers to obtain a high value deal on their next commercial property investment. Posted by Mark Phillips Related Articles: 30/3/2012 - EPC changes to affect buy-to-let landlords 27/3/2012 - Rent increases drive strong buy-to-let yields 27/3/2012 - Property industry welcomes 'sensible' planning reforms 2/3/2012 - Arla advises landlords to 'invest wisely' 1/3/2012 - Basel III could hit commercial property lending More Property Law News