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Fri September 20 2024

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Quarter of UK commercial property is now foreign owned

15 Oct 14 Overseas investors have for the first time overtaken UK institutions to become the largest owners of UK commercial property, new data from the Property Industry Alliance reveals.

The Shard is not British
The Shard is not British

The value of portfolios held by overseas owners has risen by 129% over the last decade to 拢94bn. 聽Overseas investors now own 24% of all commercial property investment in the UK, the Property Data Report 2014 shows, with three-quarters of this in London.

By contrast the total owned by UK institutions fell by 16% over the decade to 拢75bn, representing just 19% of the total 拢385bn invested in commercial buildings during the period.

The research also revealed that of the total 拢683bn UK commercial stock, retail is the largest sector by value (拢305bn), followed by offices (拢195bn), and then industrial property (拢126bn). Other commercial property, including hotels and leisure, was valued at 拢58bn.

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MPU
MPU

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