Thursday 23 August 2018

Brexit isn’t stopping foreign buyers from scooping up London office buildings

Investors are flocking to London — Brexit be damned. Foreign buyers spent more on commercial property in the city in the first half of this year than in central Paris, Manhattan, Munich and Frankfurt combined. It’s made the city the top spot for real estate investment from overseas, Bloomberg reported. The weaker pound has made London prices more appealing for the buyers, which were led by Hong Kong billionaires and Korean securities firms. Overseas investors […]



source https://therealdeal.com/2018/08/23/brexit-isnt-stopping-foreign-buyers-from-scooping-up-london-office-buildings/

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