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Hong Kong property investors go trophy hunting in London despite Brexit

LONDON (Reuters) – Chinese investment in London commercial property has more than trebled since before Britain voted to leave the European Union, most of it channeled through Hong Kong at a time of heightened political uncertainty in the former British colony. While others have pulled back from British property following last year’s Brexit referendum, investors […]

UK General Election Results Impact London Property Markets

On the heels of a failed snap election in an effort to build a bigger majority and a personal mandate, Theresa May, the British Prime Minister, now faces the though job of trying to forge a coalition deal to stay in power. In reference to how the UK General Election results now impact London’s property […]

London is still a global draw despite Brexit, says British Land

Profits at UK’s second-biggest property company boosted by sale of ‘Cheesegrater’ skyscraper London is still a big draw for global banks and institutions despite the uncertainty created by Brexit, according to one of the UK’s biggest property companies. British Land said the process of leaving the EU was creating uncertainty, with tenants taking longer than […]

Asian investors snap up UK property, defying Brexit jitters

ASIAN INVESTORS remain confident in the United Kingdom, despite many unanswered questions about Brexit, the country’s decision to leave the European Union, according to a new report from JLL.  JLL, a property consultancy, says real-estate transaction volumes in the UK for the first quarter of 2017 were at their highest level since 2015, in local-currency […]

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 […]

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 […]

London real estate has potential to flourish, post-Brexit

London real estate has potential to flourish, post-Brexit According to Knight Frank’s ‘The London Report – 2017’, the central London property market has witnessed significant capital inflows since the Brexit referendum, despite an initial pause for breath. For London real estate, the R According to Knight Frank’s ‘The London Report – 2017’, the central London […]