Monday, February 27, 2012

Middle Eastern Investment in Luxury London Property

Central London's residential market continued to recover very strongly throughout 2011.London's reputation as a safe haven for investors is being reinforced by global troubles, not undermined. Additional incentives such as a weak sterling and a favourable tax system are also making it more attractive amongst a range of potential foreign investors.

The largest increase in prime property investment comes from the Middle Eastern Investor who now hold 13% of London most expensive property.

Ben Stroud, Associate Director of Residential Agency, Development & Investment at Jones Lang LaSalle London said: "London continues to offer solid growth potential and its twinned status as an accessible capital city and financial centre, alongside a stable political system and transparent legal framework, continues to attract interest from across the Middle East."

Central London Housing Market

1 comment:

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