UK real estate remains attractive

The UK property market is still proving to be the strongest market in Europe despite the possibility of rising interest rates. The commercial property sector has been the best performing area in the UK as valuations in the residential market begin to look stretched. According to Jones Lang LaSalle's latest European Capital Markets bulletin, the UK accounted for half of total property investment in Europe last year and is Europe's top property destination. James Crawford, director of investment at FPD Savills, says: "The London market has had four very bad leasing years and is starti...