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City commercial property figures to tell conference about upward trends

LONDON’S commercial property market is in an upward swing, according to City figures who feel bullish about the city’s future.

A delegation of members from the commercial property sector will today hear the challenges and reality of London’s future as a world city at the annual British Council for Offices.

Held for the first time in 17 years in the City, speakers are expected to be in a bullish mood about the trend in the commercial property market.

Sir Simon Milton, deputy mayor of London for policy and planning, Stuart Fraser, City of London chairman of the policy and resources committee, and London School of Economic Greater London group director Tony Travers, are among some of the figures involved in the debate.

“The outcome of the general election seems to me to suggest that if you are looking for a place to invest, London fits the bill. This is particularly important in turbulent times,” said Travers, who believes that despite the troubles felt in the Eurozone, London is still well placed on the global stage.