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Gulf investors play waiting game with London realty

Gulf investors play waiting game with London realty City still features among top overseas choices alongside New York and Singapore Dubai: For wealthy investors in the Gulf, UK’s shock Brexit move could well be another reason to keep investing in prime London real estate. And with the UK currency remaining under severe pressure, they could […]

‘Property a better bet than pensions’, says Bank of England chief economist

‘Property a better bet than pensions’, says Bank of England chief economist Andy Haldane has a gold-plated guaranteed pension which will pay him nearly £84,000 a year when he retires Property is a better option for funding retirement than a pension—, the Bank of England’s chief economist has claimed. Andy Haldane made the comment despite having a gold-plated guaranteed pension […]

Thais snap up London flats

Thais snap up London flats London has become attractive for Thai property buyers after the Post-Brexit depreciation of pound sterling.  London-based property developer Almacantar is upbeat about sales of units at its luxury, high-rise residential project Centre Point as the weaker pound post-Brexit lures high-net-worth Thais to look for property in the British capital. Residential […]

China Life vows bigger overseas investment, and to limit exposure to equities

China Life vows bigger overseas investment, and to limit exposure to equities Current US$7.6b offshore portfolio ‘too small’, says vice chairman. Focus likely to be property sector and stakes in unlisted companies China Life, the nation’s biggest life insurer that backs car-hailing giant Uber Global, has vowed bigger investment into overseas markets, after reporting an […]

Thai firms among Asian property investors eyeing expansion in UK

Thai firms among Asian property investors eyeing expansion in UK ASIAN PROPERTY firms, including a number of Thai developers, are looking to expand their investment in the United Kingdom following the country’s referendum vote in June to leave the European Union. Singha Estate is said to be eyeing more hotel acquisitions in Europe, especially in […]

Barclays app brings UK property offers closer to UAE residents

Barclays app brings UK property offers closer to UAE residents Barclays, a a transatlantic consumer, corporate and investment bank, has launched a smartphone application titled ‘Unlock Britain’, which offers users in the UAE valuable insights into the UK’s property market, educational system and international banking. Available for both iOS and Android operating systems, the app […]

London Bridge Property Investment Hotspot

London Bridge Property Investment Hotspot The London Bridge area is expected to see further revival following the opening of its new passenger concourse next week and is certainly worth considering for buy to let investment. The area is becoming increasingly known as a property hotspot, revived by the introduction of the Jubilee line in 1999 […]

‘Brexit discount’ makes London property cheaper for some

‘Brexit discount’ makes London property cheaper for some Price cuts of nearly 20%, and a drop in the value of the pound have created “Brexit discount” bargains on some of the most expensive homes in central London — if you have millions of pounds to spare. The UK property market was one of the first […]