Property Funds World newsletter - "Central London real estate market maintains momentum"

Central London real estate market maintains momentum

This week we look at a new report from international real estate adviser Savills which suggests that the Central London market is continuing to improve, with total investment in January totalling GBP607.1 million, an increase of 138.5 per cent on January 2019.
Moving north of the border, a new Knight Frank study identifies Glasgow as the busiest Scottish city in terms of hotel investment, with GBP170 million worth of deals completed in 2019. Edinburgh, Aberdeen and Inverness meanwhile, shared GBP90 million of deals.
Elsewhere, a clutch of news stories this week suggests that new technology is starting to have an impact on the real estate sector, including the launch of a new PDF extraction product from HARNESS Property Intelligence, which the company says can can process data from 1,200 documents, including investment brochures, tenancy schedules and marketing brochures, in the time a human can complete just one.
Riskhub meanwhile, has launched a new property compliance and data management portal, while Apex Group clients are now set to benefit from access to Yardi Voyager for independent property level accounting and reporting, including accounting records of income and expenses transaction, lease management, vendor management and the generation of automated rental and other service invoices.
Property Funds World

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