Despite the COVID-19 pandemic, the City of London remains a target for global investors. A recent poll of 506 leading investors with £775bn under management looked favourably on the square mile as an investment hotspot. Access to global talent and quality of life are what set London apart.
This is great news for the short-let market across central London. There will be continued high demand for properties as the global talent travels to the UK’s capital. This influx will drive demand for temporary properties whilst the new workforce settles in and finds a permanent place to reside.
This confidence, however, would be boosted with known plan to prevent a recurrence of the pandemic. The City is well aware of this and working closely with government and stakeholders to ensure the area is attractive to business as ever.