London has retained its position as the world's top destination for commercial real estate, ahead of Manhattan, Paris and Frankfurt.
OUR INSIGHT #
Investment risk is growing in UK
Others' problems should never be a source of comfort but they can provide perspective when required.
Take our cross-Channel neighbour, in the midst of political turmoil and industrial unrest, where people in yellow vests are causing mayhem on its streets and severe damage to its economy - a place where a rattled leader is trying to navigate a national crisis with seemingly no end in sight.
Or look at another European powerhouse undergoing an uncharacteristic period of declining manufacturing production and weak GDP, which has just cut its annual growth forecast to its lowest since 2013. A case of economic complacency overseen by a political ruling class that, after nearly 14 years in power, has lost its way and paved the way for a wave of right-wing populism.
For further comparison, you could also turn to our 'greatest ally' across the Atlantic, where headline grabbing GDP growth of 3.2% for the first quarter needs to be offset against a consideration of record government debt and deficits and the harmful impacts of trade wars, particularly with China.
llf we are talking about uncertainty, then the next instalment from the US president's personal Twitter feed holds more fear for the financial markets than Brexit.
So why is it then that all I hear right now sitting in London is that France, Germany and the US are really strong investment centres? Are they not without their own problems - and are those problems any lesser than those we face in London and the UK?
We are all dealing, or not dealing as the case may be, with negative factors but the weight of property investment is still there and London is still getting more than its fair share.
If you've read Knight Frank's 2019 London Report, you'll know that London has retained its position as the world's top destination for commercial real estate, with offices attracting £16.2bn of global capital in 2018, ahead of Manhattan, Paris and Frankfurt.
The decline in the value of sterling has helped London retain its appeal and global investors continue to follow major investment in infrastructure such as Crossrail, which remains frustratingily delayed but is coming.