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UK house prices set to rise by over £50,000 by 2021

Residential property prices will surge by more than £50,000 over the next four years despite Brexit uncertainty, economists predict. The average UK house price across the whole of 2017 will be £220,000, marking a £9,000 increase compared with 2016, supported mainly by a shortage of homes in the market, according to the Centre for Economics […]

Deutsche Finance International/Yoo Capital consortium buys Olympia London in £296m deal

A joint venture of institutional investors led and advised by Deutsche Finance International (DFI), a global investment firm and part of the Deutsche Finance Group, and Yoo Capital (YC), a UK focused institutional investor, developer and asset manager, have announced it has acquired Olympia London Exhibition Centre from listed London property company Capital & Counties […]

A reclusive Hong Kong billionaire is set to bid for the company that owns some of London’s most famous areas

LONDON — A reclusive billionaire from Hong Kong is set to bid for one of London’s most prominent property companies, which owns large chunks of the Soho and Covent Garden districts. According to The Times, Samuel Tak Lee could make a bid for property firm Shaftesbury imminently, despite having never actually meeting the company. Lee has […]

London property market ‘will resist price crash’

Slowdown has taken place in ‘hollowed out’ expensive central markets London has been cushioned from the prospects of a house price crash by the high levels of equity required to buy property in the capital and the difficulty of mortgage financing at high loan-to-value ratios for all but the biggest earners. Research by Hometrack, a […]

PROPERTY IS A GOOD INVESTMENT BUT MAKE SURE YOU CAN AFFORD IT

Given the current economic uncertainty and the budget speech delivered in parliament regarding the need to optimize spend, you might find yourself asking the question, is investing in property still viable. The housing market has seen exponential growth over the past few years and as of late many anticipated the property bubble to burst. While […]

£1.9bn spent on regional UK property by GCC & Asian buyers in 2016

New research reveals that international buyers doubled their spend on regional UK property last year, with more non-London investment expected. Summary: Middle and Far Eastern investors continue to spend heavily on UK real estate, particularly in key investment cities outside of London Savills estimates that £1.9bn was spent on regional UK property, almost doubling the […]