Britain tops survey of most attractive places to invest

According to a survey by EY, a flood of property investment in Britain this year will push up prices even further as investors seek a safe haven for their cash. The consultancy firm, has described the UK as "leagues above" the rest of Europe in terms of the quality of residential and commercial property investment. Its survey of property company CEO’s showed that 69% believed Britain would see the highest deal volumes this year, with Spain a distant second with 16% and Germany judged to be the third most attractive place to invest. Dean Hodcroft, head of EY's UK and Ireland real estate division, described London as a "magnet for world talent", benefiting from geographical advantages, political stability and market transparency, placing it above other global cities such as New York