LREF 2019: London is still king, but can it stay that way?

Despite the dreaded B-word, demand for London real estate is still increasing, according to Derwent London’s new chief executive, Paul Williams, which is making securing new assets for its portfolio very difficult.

Williams said that finding sites at a price Derwent was comfortable to pay was becoming increasingly difficult as there were no distressed sellers.

Speaking at EG’s London Question Time at the London Real Estate Forum last week, Williams added: “People are actually buying buildings with more uncertainty. After the vote we were perceived to have a lot in the pipeline and analysts were concerned there