London back to being top commercial realty investment hotspot

Dubai: London regained its status as the world’s most attractive market for commercial real estate investments, totalling £17 billion (Dh87.57 billion) from a 33 per cent year-on-year increase. This is according to Knight Frank, the consultancy, which also found that Middle East-based investors made up 8 per cent of the international capital that found its way into these transactions. In all, overseas investors channelled £14.2 billion into London’s office properties last year. New York was placed second and ahead of Paris and Frankfurt.