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Currency squeeze seen punishing buyers of luxury homes in London

Published Tue, Aug 18, 2015 · 09:50 PM

London

INTERNATIONAL investors who paid millions of dollars in down payments on new luxury homes in London's biggest residential development are being squeezed between a more expensive pound and slumping real estate values.

Malaysians who bought units under construction in the Battersea Power Station site from May 2013 have seen costs surge as much as…

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