UK investors return to London property market undeterred by Brexit

UK investors have been tempted back to the London office investment market in 2018 during a relatively stable year for commercial property, despite Brexit uncertainty. Overall, office investment volumes reached £19.7bn last year, 1% below the level recorded in 2017 (£19.9bn) but in excess of 2016 (£16.1bn). Despite this, last year’s figure is still far below the £23bn-plus pre-EU referendum level of 2015, according to data from Cushman & Wakefield. Domestic UK buyers represented 24% of the market in 2018, compared to 18% in 2017. High-profile domestic deals in 2018 included Landsec’s acquisition of 25 Lavington Street, SE1, for