Aug
22
Brexit-Bound London Beats Global Rivals to Lure Real Estate Cash
By-
City No. 1 again for overseas commercial property investment
- Weak pound has made the capital a bargain compared with rivals
Not even Brexit can dent the appeal of owning commercial property in London, which has regained its status as the top destination for international investors.
Foreign buyers led by Hong Kong billionaires and Korean securities firms spent more on the U.K. capital’s offices in the first half than in central Paris, Manhattan, Munich and Frankfurt combined. The weak pound is making London a bargain compared with cities in Europe, many of which have undergone their own property booms…
Brexit-Bound London Beats Global Rivals to Lure Real Estate Cash
