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Research

BPF - The British Property Federation

KEY PROPERTY FACTS

  • Commercial property constitutes 35% of the productive assets of the economy.
  • In 2003, net investment in productive property was £46bn - 30% of the UK investment.
  • Commercial property accounts for 6% of UK GDP - 6 times the size of agriculture, more than twice the size of the oil industry and larger than the banking, transport and communications sector.
  • Commercial property contributes over £40bn to the exchequer in taxes.
  • The property industry employs over 2 million people - more than any single manufacturing industry and is larger than financial services.
  • Commercial property has been the best performing asset class over the last 3, 5 and 10 years (to end of 2003).
  • 20% of the UK's commercial property is owned by pension funds.
  • Commercial property is the main vehicle for urban renewal. £52bn was invested in commercial/industrial buildings in 2003.
  • Good quality, modern, efficient and well designed buildings are a spur to inward investment, attracting over £6.9bn from overseas.

For more information on BPF research and to view a list of our current research reports please click here.