Europe

London investment falls as referendum result hits third-quarter deals

Investment volumes in London fell 19% to £13.1bn in 2016 despite a strong rebound in the fourth quarter, according to CBRE’s latest Property Perspective report.

The capital saw £4.1bn in investment in the fourth quarter, with the number of deals rising to 66 from 42 in Q3. Of those 66 deals, 11 were bigger than £100m.

However, total volumes fell following a slump in…

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