Financial Markets in London Metropolitan Commercial Real Estate
Richard Barkham (),
Maurizio Grilli () and
Cynthia Parpa ()
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Richard Barkham: Grosvenor
Maurizio Grilli: BNP Paribas Real Estate
Cynthia Parpa: Grosvenor
Chapter Chapter 3 in European Metropolitan Commercial Real Estate Markets, 2014, pp 41-69 from Springer
Abstract:
Abstract London’s real estate market is primarily driven by its financial markets. Profitability and remuneration in many of London’s financial sector companies are directly linked to the level of the stock market. So the development of the real estate market is closely linked to the global economy and only somewhat regulated by national and local planning policy. In this chapter attention will be paid to the size and dynamics of London’s commercial real estate markets, followed by the main market institutions with special attention to planning regulation and taxation. The linkages between London’s real estate market and the world economy will be revealed. An outlook for the capital of the UK complements this chapter.
Keywords: Financial markets; Stock market; Market institutions (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-642-37852-2_3
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DOI: 10.1007/978-3-642-37852-2_3
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