Recent figures have suggested that investments in many London office space developments have declined during the first three months of the year.
According to data collected by a leading London property firm, the total expenditure on London office transactions stood at £1.6 billion during the last three months.
At the same time last year the figures reported during the same three months that spending on offices was £3.6 billion.
There is no specific reason for this decline but problems in the Arab world could play a part in the lack of investments according to James Roberts, head of central London research.
He said: “It is impossible to ignore the fact that this slowdown has coincided with an uncertain time for the global economy.
“The downbeat economic news and unrest in the Middle East has cast a shadow over sentiment, however, medium-term this will probably benefit the London investment market as we expect more sovereign wealth and oil economy interest.”
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