Net capital flows into UK commercial property are expected to total around £25 billion in 2002 according to DTZÂ's 27th annual Money into Property report.
A figure of £25 billion invested in UK commercial property in 2002 would represent a fall of £7 billion on 2001Â's record figure of £32 billion which was driven by record levels of commitment from providers of loan finance and high levels of net investment by property companies and foreign players. Despite this fall, however, the outlook is positive.
Mike Cutteridge, head of UK investment, DTZ said: '2002 is proving to be a good year for investment in UK property and we shouldnÂ't focus too much on the fall in activity compared to 2000 and 2001 which were both exceptional. I expect commercial property to continue to outperform equities with investors recognising its position as a safe long term investment.'
(source: DTZ International)