Despite London's long established reputation as a global powerhouse and key destination for international capital, it couldn't dodge the 2022-23 market turbulence, with a 49% drop in investment .
High borrowing costs impacting on investor confidence led to a global real estate investment decline. Deals over £100 million, which are crucial for driving investment volumes, suffered most during the downturn. These buyers often rely heavily on leverage, but rising interest rates made financing less attractive, reducing such trades.
