Scott Picken, CEO of International Property Solutions (IPS) believes a paradigm shift is occurring: 8 years ago, people would only invest in property in their own neighbourhood. Now, investors are starting to seek the best investments globally. IPS was created 5 years ago to facilitate international investments and provide an end-to-end solution to ensure that investors can invest with confidence!

Monday, April 19, 2010

Spotlight on London Prime Residential East of City market - April 2010

Savills residential research predicts the prime east of City market to outperform the mainstream markets of Greater London over the next five years, much in the way that it did in the early 1990s.

Please find attached our latest research paper: 'Spotlight on Prime Residential east of City markets'.

Download - Spotlight on east of City markets - April 2010

Key findings:

Values in prime residential markets of the Docklands and Canary Wharf increased by 4.6% in the second half of 2009 and by a further 3.3% in the first quarter of 2010.

Rental demand is increasing with rents up 3.6% in the last six months.

With a significant amount of residential development having already taken place in areas such as Canary Wharf, looking ahead Stratford will form a key part of future housing delivery in east London, much of which forms part of the Olympic legacy.

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