Property News · February 12, 2020

With Brexit out of the way, buyers once again focus on prime London property deals


The UK’s exit from the European Union is likely to lead a surge in transaction volumes as investors resume buying prime London property, but an additional 3 per cent stamp duty and higher asking prices could dent sentiment, analysts said.In a sign that foreign buyers are indeed looking at London property prospects favourably, Hong Kong-listed Far East Consortium on Monday acquired Ensign House, a 4,572-square metre office building in Canary Wharf for £28.25 million (US$36.5 million), which will…

Source : South China Morning Post
Read more…With Brexit out of the way, buyers once again focus on prime London property deals

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