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Article Abstract:

US real estate investment trusts (REITs) are showing some interest in finding property investments in the UK. Property agents welcome the American moves to enter the market because they feel they have something new to offer. They will mainly consider industrial or distribution developments. The UK lacks speculative industrial development, with only 3.23 million sq ft of land being developed. The REITs usually prefer to merge or acquire a UK company to help them cope with differences in the markets. US REIT ProLogis purchased UK developer Kingspark for $157 million.

Real estate investment trusts, Real Estate Invest Trusts, United Kingdom, Management, Real estate developers, Real estate development

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Removing the rose-coloured specs

Article Abstract:

The West End of London offers a stimulating business environment, according to occupiers of business property there. It also has advantages such as late shop opening and a wide range of entertainment facilities. Occupiers welcome its good communications links, which can improve business efficiency. Within the West End, there are certain parts which are less prestigious than others, and some have problems with parking and traffic congestion.

London, England, Buildings and facilities

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