Offices to let in London could offer an attractive investment opportunity after an industry expert claimed they are already showing evidence of income growth.
David Wylie, head of UK economics and forecasting at CB Richard Ellis, was commenting on the firm's latest Monthly Index, which showed the total return for all property across the country slowed slightly to 0.8 per cent in August, down from 0.9 per cent in July.
Central London offices were the best performing sub-market, producing a total return of one per cent.
The rest of UK offices gained a degree of momentum, according to CB Richard Ellis, with returns of 0.7 per cent.
Mr Wylie said the central London office and retail sectors are the two "significant exceptions" to the overall feeling among investors that greater signs of recovery are needed before they will make further commitments.
Serviced offices in London are exhibiting "evidence of income growth and investor appetite still appears to be strong", he continued.
Earlier this week, Barry MacLennan, investment director of property products at Standard Life Investments, told the Independent offices in Central London are experiencing a very strong recovery.
