London retailer Liberty is considering the sale of its London West End commercial property.
Retailer Liberty is considering the sale of its flagship London West End
commercial development.
The firm is keen to capitalise on the improving UK commercial property prices, with London
development investment prospects considered particularly favourable among analysts.
Liberty's Tudor Building store is located near Regent Street.
In a statement, Liberty said on Monday, March 2nd, that a number of parties had expressed an interest in acquiring the freehold property.
Last month, the Royal Institution of Chartered Surveyors (Rics) indicated that UK property is becoming an increasingly attractive
commercial mortgage investment opportunity.
Rics senior economist Oliver Gilmartin explained that, in London, this has partly been due to a complete cut off in commercial development over the last few years.
However, he warned: "As yet there is still a debate as to how strong the pick-up will be once the stimulus measures are withdrawn from the economy."
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