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London still offers great prospects for property owners
26 Sep 2011
Property owners and investors should consider buying up commercial property in London as the capital still offers great opportunities to businesses as opposed to other areas of the country.
That's the view of Richard Kauntze, chief executive of the British Council for Offices, who has told of his belief that there are many advantages available for business looking for a place to use as a base.
This can then mean, provided adequate commercial property insurances is acquired, that investors can make a solid return on their investment.
Advantages to setting up base in the capital, according to Mr Kauntze include excellent transport links to provide easier access for staff as well as clients, and also the impressive skills base of the London workforce.
Mr Kauntze said: "It has a wonderfully talented pool of labour - there is a hugely talented and diverse work force that employers can draw on, which is obviously fundamental for any business."
London Central Portfolio executive Naomi Heaton recently noted London's commercial and residential property markets are looking strong.
Posted by Dan Winters