_Knight Frank launches The London Report 2019

The recently launched report finds that London has retained its title as the world’s top destination for investment in commercial real estate, despite Brexit uncertainty.

Key takeaways include:

• Central London commercial offices attracted £16.2bn of global capital in 2018, ahead of Manhattan, Paris and Hong Kong
• Greater China remains the largest investor in London real estate
• There will be substantial demand from next wave technology firms the tech titans who will continue to scale up, invest and develop new technologies – and will access London’s talent pool to do so
• Amenity provision in London office buildings will extend beyond those that support physical wellbeing, such as gyms and end of trip facilities. Next phase amenities will provide staff education and development opportunities, offer lifestyle support for a more diverse workforce, and also create spaces that support the mental wellbeing of staff
• London’s position as one of the world’s most liquid and transparent real estate markets will remain alluring for global and domestic investors alike
• New dynamics in Residential Development will emerge as the search for affordable housing will continue to shape new housing delivery, in terms of design, use of space and the expansion of offering in the rented sector.
• Increased transport infrastructure linking London to other urban centres will change the dynamics of some development decisions as businesses and workers place weigh up connectivity and affordability

William Beardmore-Gray, Head of Central London, said: “London is the most attractive city in the world for long-term investment. It has proved its ability to adapt to meet the demands of the modern global economy, and this is evident in London’s office market. The city’s resilience and reputation as a safe haven for investment, despite Brexit, is remarkable.