Prime London real estate dominated by Chinese, US

Prime London real estate dominated by Chinese, US
19/06/2019 , by , in INTERNATIONAL

Real estate investors are taking advantage of a weakened pound, with buyers from the United States spending on average more than $9 billion in the prime central London residential market.

According to Knight Frank, U.S. buyers make up 6 percent of foreign purchasers in prime central London, second only to Chinese investors in 2019. Over the last decade, the U.S. has averaged as the fifth largest source of foreign buyers in London.

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