foreign investors: The retreat comes as overall buyer interest in U.K. property markets grew at its slowest pace in more than two years, according to Market Watch. Values of U.K. commercial property--such as offices, shops and warehouses--are broadly expected to keep rising due to robust demand for a limited number of assets, RICS said. Demand for U.K. commercial real estate from foreign investors slowed in the last three months of 2015 for a second straight quarter, according to the Royal Institute of Chartered Surveyors. In London, commercial real estate appeared "overpriced to some extent" in the fourth quarter to 81% of agents surveyed, up from 77% in the third quarter, RICS said. After the 2008 financial crisis, investors increasingly saw property as a haven from financial shocks, while returns looked better compared to other assets like bonds. Strong demand for commercial real estate has pushed up prices in cities around the world.
(news.financializer.com). As
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Tagged under foreign investors, buyer interest topics.