London is Still Top Global Commercial Real Estate Investment Target, Despite Brexit

According to Knight Frank's London Report, London retained its title as the world's top destination for investment in commercial real estate in 2018. London remains by far the biggest global destination for investment in real estate, despite ongoing uncertainty around Brexit, with £16.2bn ($21bn) invested in the UK capital's commercial offices in 2018. This compares to £14.3bn ($18.5bn) invested in Manhattan, £12.1bn ($15.6bn) in Paris and £8.4bn ($10.8bn) in Hong Kong. While total investment volumes for Central London were down slightly on 2017 (£16.8bn, or $21.7bn) the average deal size rose to an all-time high of £81.5m ($105m) in 2018.