Property investment in South West rises by 23 per cent

INVESTMENT in property is rising in the South West, according to new data. Direct real estate investment reached £1.5 billion in 2014, up 23 per cent on the previous year.The figure included the sale by Land Securities of a 50 per cent share of Cabot Circus shopping centre in Bristol to Axa Real Estate in a £267.8 million deal.Olly Paine, director, capital markets in JLL in Bristol which advised Land Securities on the Cabot deal, said: "The sale of half of Cabot Circus gave the...