Perhaps the most important point about the current market in the region is that the steady performance is widely spread across different towns.
For example, Basingstoke is now more active with lettings and development within the context of the M3 corridor. The defining moment for some towns, such as Maidenhead, Slough and Reading will come with the opening of Crosssrail’s The Elizabeth Line.
This will bring so much flexibility into the transport system and create new growth points. This will surely have a huge impact on, say, the area between Reading and Slough, including Maidenhead, which will have new trains arriving every 2.5 minutes and speedy access to Heathrow.
Whichever way you look at it the new train system will bring a revolution comparable to what happened pre 1939 with the extension of the tube system north of London.
Meanwhile, the solid international credentials of the region remain intact as can be seen by the recent lettings at Green Park to foreign groups, notably from California. The hope must be that the foreign companies enjoy the new transport links and are not deterred by Brexit.
Of course, the question arises as to whether these foreign companies will arrive in such numbers if we do an adverse deal for Brexit. Since many of the population does not understand the intricacies of a trade deal, they might heed the fact that international companies buy and move products across a wide range of locations. The car companies, for example, shift components in large numbers across borders. Tariffs will put that trade in jeopardy and undermine the willingness of foreign companies to locate in the UK.