UK Cities Dominate Online Property Searches

Sovereign and large pension schemes in London have been some the most active investors over the past 18 months, Property Week reports. It follows a recent study by global social network CREOPoint and KPMG which found that the UK's major cities dominated the online conversation during the recent MIPIM conference....

Sovereign and large pension schemes in London have been some the most active investors over the past 18 months, Property Week reports.

It follows a recent study by global social network CREOPoint and KPMG which found that the UK's major cities dominated the online conversation during the recent MIPIM conference.

The firms revealed that London, Manchester and Birmingham were among the cities that dominated internet searches last month.

Speaking to the news provider, Jonathan Thompson, KPMG's global head of real estate, noted that London has made a large impact on investors over the past 18 month. In particular, large regeneration schemes such as Earls Court, Kings Cross, the Olympic village and Nine Elms have been of particular interest.

"Another obvious reason for London reaching the top spot in MIPIM trending topics is that sovereign and large pension schemes have been some of the most active investors over the last 18 months," Mr Thompson added.

- Thursday 17 March 2011

*This page is provided for information purposes only and should not be construed as offering advice. Flex Profit Hub is not licensed to give financial advice and all information provided by Flex Profit Hub regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.