London woos overseas investors
Series: Estates Gazette ; (0104) 27 January 2001, 46(1)Publication details: 2001Subject(s): Summary: Research by Knight Frank indicates that 41% of all prime London residential property bought in the second half of 2000 was purchased by overseas investors. Suggests that the weaker demand from UK investors is due to the uncertainty in the UK market, and the weakening of sterling. Developers are therefore targeting overseas investors. For instance, Middle Eastern investors have been targeted by the World Wide Property Exhibition.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3705-23 (Browse shelf(Opens below)) | 1 | Available | 110659-1001 |
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Research by Knight Frank indicates that 41% of all prime London residential property bought in the second half of 2000 was purchased by overseas investors. Suggests that the weaker demand from UK investors is due to the uncertainty in the UK market, and the weakening of sterling. Developers are therefore targeting overseas investors. For instance, Middle Eastern investors have been targeted by the World Wide Property Exhibition.