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As Central London continues to enjoy an annual average house price growth of 10% since 2009, CBRE reports how this global city compares with other prime residential locations. CBRE has today reported on the range of factors, cementing London’s position as a prime residential destination alongside other key cities favoured by high net worth individuals, including; New York; Paris; Hong Kong; Sydney and Singapore.
Property prices are a third cheaper in locations 30-35 minutes commute from Central London, CBRE has reported in its latest Regional Land report. The findings also reveal that an increase of one minute travel time reduces a house price value by around £11,400.
Come and visit the CBRE Reinstatement Cost Assessments Team at stand 96 at the Airmic conference 2014 in Birmingham 16th-18th June. The Airmic conference is one of the biggest events for the insurance and risk management industry, with this year’s theme around “Shaping the Future of Risk”.
Having had a wide range of cities play host to the annual BCO Conference, 2014 see’s the well established event head to Birmingham for the three-day industry conference. With the theme ‘Leading for Change’, the 2014 conference will explore the evolving office sector focusing on new ways of creating modern and innovative environments for people to work in.
Latest research from CBRE Residential reports a significant proportion of London-specific residential investors are now appraising built-to-rent opportunities in cities such as Manchester, Birmingham, Bristol and Leeds.