London is the favourite city for overseas property investors, a study has found. The UK capital even beat last year’s winner, New York.
The survey, released by the Association of Foreign Investors in Real Estate, found that San Francisco was the third favourite city for investors, with Houston and Los Angeles at numbers four and five. The research comes just a month after Chancellor George Osborne’s introduction of Capital Gains Tax for overseas buyers, due to kick in in April 2015.
2013 was also the year that saw a number of London property deals struck - such as the £260 million sale of the Lloyd’s of London building in Lime Street to Chinese life assurer Ping An and the £1.7 billion acquisition by Kuwait’s St Martin’s Property Group of More London.
For more information click on the source below:
During the current lockdown our offices are open but with skeleton staff only for prebooked appointments. Face to face appointments are strictly limited and contact should be by email. All other members of staff are working from home. Please go to our contact page for the relevant office/department. Existing tenants please click on Property Management in the main menu above for email addresses.
All persons attending pre scheduled appointments are required to wear face masks and observe social distancing measures. We ask this to help protect both themselves and our staff.
In the event of a Property Management emergency, please call our Battersea office on 020 7720 1116 where one of our property managers will assist you or an answer phone message will provide you with details of our emergency contractor.