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The West London and Thames Valley office markets are due to maintain their strong performances over the coming months, with continuing interest from overseas investors and a diverse occupier base encouraging overall investor sentiment.
The areas are high on the shopping list for US and UK investors, and are also partially exempt from exposure to any potential Brexit fallout, with the majority of recent deals in the areas coming from Asian, Australian and Middle Eastern backgrounds.
Eugene O’Sullivan, Director at tenant acquisition specialist Morgan Pryce says: “The West London and Thames Valley markets are well placed post-Brexit. With new developments, such as 9 Greyfriars Road in the Thames Valley – which has recently been rated ‘Excellent’ by BREEAM, a mobile and young working demographic, groups of growth sectors and great connectivity globally through access to two major UK airports, they are desirable locations for investors and occupiers alike.
“In addition, we also have the extension of the Elizabeth Line and the Western Rail Link to Heathrow, which further improves accessibility for the area. All of this coupled with the diverse range of occupiers means that the areas are less exposed to economic political issues and, post Brexit, may offer secure alternatives to London.”
This news was brought to you by Morgan Pryce, a specialist tenant acquisition agent with offices in Oxford Circus and the City. Morgan Pryce specialises in search, negotiation and project management and works exclusively for tenants.