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Property News: The luxury market experiences record sales

LUXURY property sales across the world have not been dented by political and economic uncertainty according to Christies International Real Estate. It found that there were record sales in the luxury market last year, with Hong Kong taking over as the world’s top luxury residential property market. There were a record number of sales of […]

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 […]

Key stats about property transactions revealed

JLL has just revealed key stats about property transactions in the UK, take a look: In the final quarter of 2016 the number of transactions increased by 36% compared with Q3 The number of domestic buyers increased while the weak pound spurred a number of international purchasers back into the market. On average prices fell […]

Overseas investors race to secure UK property bargains

Overseas investors race to secure UK property bargains There has been a sharp rise in the number of opportunistic foreign investors taking advantage of effective discounts caused by the fall in the value of the UK pound in recent months by acquiring property in Britain. A weaker exchange rate means that UK property is now […]

The top 9 cities in the world for rich foreign property buyers

The top 9 cities in the world for rich foreign property buyers Global estate agent and property consultancy Knight Frank on Thursday released its annual “Global Cities” report, looking at the state of the property market in top cities around the world. As part of the comprehensive report, Knight Frank pulled data on the 9 […]

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 […]

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 […]