09.11.2011 - Arab buyers seek haven in luxury London homes
Luxury home prices in central London have soared 40 percent since March as wealthy overseas buyers seek a haven from political unrest and the sovereign debt crisis, Knight Frank said. Values of houses and apartments costing an average of 3.7m ($5.9m) rose by an average of 12.5 percent in October from a year earlier, the London broker said, bolstered in part by Arab buyers...............................................Full Article: Source
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