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Monday, November 25, 2019

ABOUT REAL ESTATE united kingdom

   Real estate is an important a part of life. We live, work, learn and pay our leisure in buildings.

   The overwhelming majority of the UK’s buildings are personal homes. the rest are created of industrial land and different non-domestic buildings.

   Our business focuses on the industrial land part, that contains a value of £1,662 billion within the United Kingdom. industrial land produces a money come back for its owner, typically within the type of rent. It includes workplace, retail, industrial, leisure, medical and edifice properties, and residential property in what's referred to as the personal rented sector.

   Commercial land is one amongst the basic building blocks of our economy. It directly employs over one thousand thousand individuals and supports an extra one million jobs within the United Kingdom, whereas contributive over £101 billion to the United Kingdom’s economy annually (about seven-membered of UK GVA). Our business adds over fifty million sq. feet of latest house per annum, price around £12 billion and representing virtually I Chronicles to the UK’s gross domestic product.

   And, it's important to the health of our cities and cities. finance in land is that the catalyst for urban regeneration and renewal. It generates social capital and creates happier, healthier and additional property places in response to our dynamic lifestyles.

   Most of economic land is closely-held by firms (REITs and different property companies), and by those that invest in pension funds, personal equity funds and different types of investment (such as ISAs and OEICs).

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