Wed, Nov 26, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Hong Kong Monetary Authority backs Mayfair project

Posted on 08 November 2013

Hong Kong’s de facto central bank is moving into London’s swanky Mayfair district, better known for hedge funds and Arab oil money than regulators and policy makers. The Hong Kong Monetary Authority has invested in a joint venture with the UK’s Great Portland Estates to develop the Hanover Square Estate, joining the rush of Asian and other foreign wealth into London property.
London has been one of the most popular spots for property investors from Asia recently. Almost one-third of Asian property investments overseas were in London in 2012 compared with a historical norm of about one-quarter, according to PwC. However, there is still less money leaving Asia than before the financial crisis………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15264 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« Oct    
 12
3456789
10111213141516
17181920212223
24252627282930