Approaching half (46%) of the investors questioned are considering purchasing additional Private Rented Sector (PRS) assets in London over the coming 12 months. Investment appetite throughout London and the UK strengthened during Q1 2012, but London assets clearly remain more appealing to investors than those outside the capital.
“Outside the London market, I have concerns over future tenant demand”
Among those not actively considering investing in the London market, the reasons given were overwhelmingly finance-related, rather than reflecting a lack of confidence in the market. This was not the case when investors were asked about investing in additional property assets outside of the capital, when concerns over future tenant demand and capital value prospects topped investors’ concerns. Read more of this post