LONDON—In the most mature and largest UK and European markets, prime properties in the regional cities have seen a surge in demand, according to a June report from Savills.
The demand is coming increasingly (and particularly in the case of Germany), from cross-border buyers. Prime yields in London (4.5%), Munich (4.25%) and Frankfurt (4.5%) are at historically low levels, the report notes. So well-established regional economic centers may be a good investment alternative.
There is a clear increase in activity year-on-year: the total transaction volume increased by 91% in
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