The BrickVest commercial property investment barometer found that this figure had remained unchanged since June 2016, while almost a quarter (24%) of real estate investors favoured Germany as their location of choice for commercial real estate opportunities (June 2016: 28%).

More than one in five (21%) selected the US (June 2016: 21%), while France was chosen by 15% of investors (June 2016: 13%).

The survey by the online real estate investment platform revealed that the average risk appetite for commercial real estate had increased to 49% from 47% in June last year.

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Four in 10 (43%) UK investors said their home market was their preferred location to invest, followed by Germany (20%), the US (19%) and France (13%).

Emmanuel Lumineau, CEO at BrickVest, said: “Despite a series of significant events over the past 12 months, including Brexit, our latest barometer shows the UK remains the preferred location to invest in from our global investor base.

“Since the vote in June last year, we’ve seen a 72% increase in the number of investors joining the platform and are seeing plenty of appetite from investors for property as an asset class.”

The majority (47%) of BrickVest’s online investors said capital growth was their investment objective, compared to 37% who said income.