South Korean investors are pulling out of deals to buy London offices after investing almost £3bn last year with overall investment in the sector on course for a big drop ahead of Brexit.
This year £527m has been invested in central London offices, according to CBRE, the property advisory firm.
That means a lot of activity will be needed in the next five weeks to get close to the £2.8bn-worth of deals done in the first quarter of last year, or the first-quarter average of £3.7bn over the past five years.
