Property News · August 8, 2017

Hong Kong investors take advantage of depressed pound to swoop on London property


Hong Kong investors are increasingly taking advantage of a pound weakened by concerns over Brexit to snap up properties in the UK capital, , according to industry observers.
“First of all, the Chinese government has tightened the outflow of capital and in addition some of these Chinese investors are not so confident about the UK situation after Brexit,” said Mark Charlton, director of research and forecasting at Colliers International. “Meanwhile, many Hong Kong investors will…

Source : South China Morning Post
Read more…Hong Kong investors take advantage of depressed pound to swoop on London property

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