Real Estate Investor Magazine South Africa March 2014 | Page 52
UNITED KINGDOM
London’s top 10
BY MIKE SMUTS
The latest investment hot spots for 2014
A
s London’s house prices continue to
increase, a new report launched by
CBRE, the world’s largest commercial
real estate services and investment firm, has
identified those investment hotspots which
offer the most potential for growth over the
next few years.
& Chelsea continue to appeal to the global
audience, the CBRE report points to a surge
in popularit y of areas such as Hackney,
Islington and Merton, all of which are building
reputations as destinations in their own right
and are set to achieve record breaking capital
growth during the next few years.
a lternative to its t y pica l competition of
Richmond, Wimbledon and Fulham.
The CBRE has analysed a wide variety of
metrics which includes local demographic trends,
upcoming large scale regeneration projects and
infrastructure improvements such as Crossrail, in
order to consider which of those London boroughs
will deliver the very best return.
Camden: The London borough of Camden
enjoys an array of desirable areas including
Primrose Hill, Hampstead Heath and Camden
Town itself. With a strong reputation of
combining a fashionable young district with a
traditional village-like lifestyle, the local housing
market has out-performed most of the rest of the
capital with an average growth of 11% during
2013, and 100% over the last decade.
Richmond upo