LPS Direct specialises in residential sales, letting and management
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In Docklands(E14) in London it is no surprise that 2012 has got off to a spectacular start both on LETTINGS and SALES front-in fact rents have seen an upward rise as high as 20% - some of this is,no doubt due to the Summer Olympics but the opening of Westfield Shopping Centre in Stratford and the imminent arrival of 18,000 JP Morgan Executives are also very positive factors In Westminster well presented apartments are attracting interest from shrewd investors-units yielding 4% or more are attractive both to cash rich local investors and buyers from China,Thailand and Singapore who are benefitting from favourable exchange rates. In Ireland Sales levels are very depressed both in Value & Volume but the RENTAL market continues to grow with 2011 showing rents increasing by 10% for well presented properties. 2012 might be the year to re-enter the investment market where yields in excess of 10% can be secured. ... Read More »
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