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Overseas buyers boost commercial property investment in central London

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Preliminary figures reveal that commercial property investment volumes in the City area in London reached £9.2 billion in 2012, boosted by overseas buyers. This represents more than a 50 per cent increase on the £6 billion total for 2011, according to fourth quarter figures from Jones Lang LaSalle. It says that with the final figure likely to be close to £10 billion, the sector is on track for the highest figure since the financial crisis in London and the second highest year ever after the £10.6 billion achieved in 2006...

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