Foreign money snaps up capital’s offices, shops

Property consultancy DTZ says that overseas investors have been attracted by the sharp drop in commercial property prices, the weak pound and the transparency of the London market.

Colin Wilson, head of central London investment at DTZ, said that funds from all over the world are rushing to buy prime assets in the capital.

"Investors are as likely to come from the likes of India, Turkey, Russia and Malaysia as they are from the US, Middle East or, indeed, the UK," Wilson added.