Investors from around the world are increasingly looking to the London property market for new assets, a new report has concluded.

The latest Global Investment Sentiment Survey from Colliers International, which looks into the habits and attitudes of investors across the world, has revealed that confidence in property within the UK has continued to rise over the past six months.

In particular, office space in London is now top of their list of targets, with a significant proportion of investors confident that rental prices in the City will have bottomed out by the middle of next year before returning to growth.

Commenting on the findings, Colliers chief executive for the EMEA region Chris McLemon suggested that such views could be seen as the ultimate vote of confidence in London property, given that most investors are still being cautious with their money.

"This illustrates a level of confidence and optimism about the market for the upcoming 12 months that we certainly did not see in our last survey," he noted.

This comes soon after the chief executive of Land Securities Francis Salway told City AM that prospects for office property investments in London are continuing to improve.

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