The UK’s capital city is No. 1 again for overseas commercial property investment. A looming Brexit has not impacted the appeal of owning commercial property in London, with the city regaining its top spot as the number one destination for international investors. More investment came into the UK capital than Paris, Manhattan, Munich and Frankfurt combined. [...]
The UAE is ideally positioned to serve as the ‘beating heart’ of a regional innovation hub; according to a news report published by Oliver Wyman in collaboration with Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region. With 1.7 billion of the world’s workforce still [...]
The proptech sector is set to impact and disrupt traditional business operating models in the real estate sector. Proptech (short for Property Technology) refers to the numerous startups and new technologies cropping up in response to years of inefficiencies and outdated processes in the real estate industry. Mature economies in Asia Pacific such as Singapore, Hong [...]
New figures have revealed that over half of all commercial property purchases in London come from Asian investors. Middle East investors had previously been the biggest property buyers in the UK capital, but with 57 per cent of commercial properties in the Square Mile being bought by Asians, they have swiftly taken the top spot. This [...]
Stats from the recently released JLL report highlight how real estate markets have kicked-off 2018 on a high note. While 2017 ended strong, 2018 has gotten off to an even better start for the commercial property sector, with $165 Billion invested into worldwide commercial assets in Q1. This represents the highest Q1 level in 10 [...]
Hackney has topped the list of the ‘Top 10 highest rent growth areas in London’, with a higher asking-rent increase than anyone else in Britain. New stats show how housing prices in the Hackney area of London have skyrocketed, with an average 2 bed flat commanding £700 more today than it did 10 years ago; an [...]
New research from Easy Offices shows London is holding steady as Europe’s leading startup economy, despite uncertainty around the consequences from the Brexit vote. The British capital is ahead of Paris and Berlin, as Europe’s epicenter for fast-growing companies. In 2017 alone, £5.3billion was invested in startups in London; heavily supported by the vibrant startup scene [...]
The interest and demand in coworking spaces has been increasing over the last number of years. This rise in alternative ways of working, combined with the growing demand for coworking facilities, has led to a drop in applications to build new offices in the UK. The number of new office buildings being built has fallen 56% [...]
From October 2020 to April 2021, Dubai will be at the centre of the world stage as it hosts the next World Expo. Dubbed as “The Greatest Show on Earth” it will attract over 180 nationalities and millions of visitors. It is expected that 70 percent of visitors will come from outside the UAE; the highest [...]
Last month, we had our first press release coverage with Zawya, the leading source for regional news powered by Thomson Reuters. Here Panny Lawrence, WSC’s CEO, stressed the importance of building long-term partnerships in the GCC. GCC countries and the UK have always had strong business relations. The GCC is one of only four regions globally [...]
