The Smart Examiner

Although some building owners have been forced to slash their rent and sales prices by around twenty percent during the economic downturn, new overseas interest in development is likely to stay strong as the economy recovers due to the large tax break offered by the government for foreign investors.

Among the many overseas national companies that are looking into purchasing British commercial properties are Germans, Lebanese, Norwegians, Australians, and Ukrainians.

Possibly the only positive of the economic recession is the fact that office real estate in Britain has become highly desirable for those looking to invest with money from overseas.

CB Richard Ellis plans to release a study during the latter part of January that shows around 73% of all rent desk space that was purchased in the central London sector over 2009 was the result of interest by foreign investors.

Over the past ten years cumulatively a much lower figure of 49% of sales came from foreign investors. In fact, one of the reasons that the London market did not collapse last year according to property experts is because of the near £5bn that came from foreign investors.

One of the largest foreign investments of last year was the purchase of the HSBC Canary Wharf tower by the Korean national Pension Service. The acquisition totaled £772.5m. It is also speculated that an additional £3bn was spent on the purchase of the US embassy by Qatari Diar although the true value was not released by the companies involved in the transaction.

If you want to see the sights of Hayling Island, there are many ways to do that. You may either walk or cycle.

Enjoy a variety of walks with the Hayling Island group taking in the enjoyable sea views.

This group offers a short walk with a gentle pace for beginner or slower walkers to enjoy.

The longer walk enables those who enjoy a slightly faster paced saunter to enjoy the Hayling coastline whilst socialising with acquaintances.

Share a morning promenade with allies taking in the exhilarating sea air and ever changing environment, returning for refreshments.
This is mainly a flat route. There are two short hills at the Rowlands Castle end of the route. The majority of the route is on cycle path, but 3 short sections are on road:
1. from The Recreation Ground, The Fairway, Rowlands Castle to the bottom of the hill in Durrants Road
2. the section of road between Langstone Road and Langstone Bridge on to Hayling Island. The pavements on both sides of Langstone Bridge (only) are cycle paths.
3. the southern loop of Staunton Ave, Sea Front and Sinah Lane.

The Hayling Billy Coastal Course is prepared from packed scalpings, with a top-dressing, there’s a spot of tarmac and some concrete and it might be a bit lumpy in places. Almost all road bikes will cope but mountain bikes are better suited ” I bicycled the route on a mountain bike with slick road tyres and I was All Right. There are places where some would prefer to walk but these spots are few and far between and very short ” bearing in mind I wheeled the route the day following torrential downpours which pulled leaves off trees etc. a few pools about but on the whole it was pretty well drained.

If you want to know about a wonderful place to stay on Hayling Island then you should consider Cockle Warren. It is a wonderful little B and B on Hayling Island and you would not be badly served if you went there
Cockle Warren Cottage Hotel
36 Sea Front, Hayling Island, PO11 9HL
023 9246 4961

Ask for Kate