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Evening Standard
Evening Standard
Business
Bradley Gerrard

Flood of cash sees London commercial property deals hit £5 billion in three months

London Renzo Piano Google Knight Frank

Google paid £730 million for its Renzo Piano designed office block near Tottenham Court Road in January

(Picture: AFP via Getty Images)

Big-ticket commercial property deals including the sale of The Scalpel and investment in the 53-acre Canada Water Masterplan have led to a £5 billion wave of investment in London real estate so far in 2022.

New data from Knight Frank shows that, since the turn of the year, investment in the capital’s real estate has quadrupled compared with the first quarter of 2021.

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