Showing posts with label Middle Eastern Investment in Luxury London Property. Show all posts
Showing posts with label Middle Eastern Investment in Luxury London Property. Show all posts

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