The popular view in the UK real estate investment market is that the world begins and ends in central London.
Whilst it is true that occupier demand is strong and investor demand is high here, these factors have been priced in to potential sales and there are few bargains to be had. Often there are ten parties bidding on every opportunity that comes to market.
In key provincial centres such as Reading, Watford, and Guildford the world hasn’t stopped and in fact there are thriving local economies.
Investment yields are often two or three points softer and with shrewd stock selection coupled with solid leasing advice returns can be well above average.
Property companies such as British Land, Helical Bar and St Modwen have already taken the plunge and other canny investors are following.