West End investment transactions hit a record £3.85bn in the first half of 2015, according to Savills.
The figure represents a 22% increase on the previous first-half best of £3.15bn in 2014.
June alone saw £899m transacted across 18 deals, the largest of which was Frogmore’s purchase of the 3.1-acre Notting Hill Gate Estate from Pears Group and LaSalle Investment Management for £219m.
At £1.88bn, the total transaction volume for assets over £100m was 95% higher than the £960m total in H1 2014.
Savills director of central London investment, Paul Cockburn, said: “The West End’s record H1 turnover was driven by numerous larger transactions, reflecting significantly greater liquidity for bigger lot sizes and a more active debt market.”
