London ''still popular with investors'' - commercial mortgages

12 December 2007

London is still the most popular European city for property investment, according to new figures from Knight Frank.

The firm has said that while cities such as Oslo and Stockholm are continuing to grow in popularity, London remains top of the rankings.

Landlords with commercial mortgages will find that underlying trends in most European office markets, such as the English capital, remain healthy, the study added, according to Property Week.

Meanwhile it was reported earlier this month that the number of buildings under construction in the UK rose to a 15-year high in the three months to the end of September, according to a study by Jones Lang LaSalle.

"Developers have started building speculatively earlier in the occupational cycle than ever before and next year will be a peak year in terms of speculative supply," the firm noted, according to the Wall Street Journal.