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Europeans flock back to buy London property
Acquisitions stack up as confidence increases and investors resign themselves to the UK quitting the EU
Investors from Europe plough £1.7 billion into London's offices, shops and warehouses this year to April 18, accounting for 31 per cent of the market. That's up 14 per cent in the same period of 2016.
PHOTO: REUTERS
London
EUROPEAN investors who shunned London's commercial property in the run-up to the Brexit referendum are flocking back as the weak pound cuts prices and electoral uncertainty on the continent makes the UK seem a good place for buyers to spread their bets.
Investors from Europe...
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