A recent survey of international asset managers by law firm DLA Piper ranks the UK as their number one choice for European property investment investment in 2021.
For many years, the UK has been a prime investment destination by high net worth and institutional investors, attracted by the supply/demand imbalance, a strong regulatory framework and favourable exchange and interest rates.
A recent survey of high value investors by DLA Piper showed that 33% were looking to future investments in the UK residential property market. Those from the US and China made the UK their number one pick, with Europe's 'Big 5' ranking it third.
Despite the doubts surrounding both the pandemic and any consequences around Brexit, investors remain positive on the market, with only 11% taking a negative outlook.
Today’s findings show that despite the ongoing challenges of the COVID-19 pandemic, the European Real Estate market remains attractive because of its strong fundamentals, low interest rates, and high potential yield returns compared to equity markets. The UK remains an attractive market for investment also post-Brexit which should provide confirmation and reassurance that the UK is a vital hub for activity and growth.
Positive sentiment was highest from those based in China, with 59% preferring the UK, with 39% of US investors saying the same.
The UK property market proved its strength and resilience during 2020. As major investors draw up their plans, UK residential real estate looks set to remain one of the most trusted assets available.