23.01.2013 - Asian buyers snap up half of new London homes
If youíve just moved into a newly built apartment in central London, donít be perplexed if your neighbors speak mostly Chinese. Market-cooling measures in Asia have helped fuel interest in Londonís real estate marketólong a popular destination for property buyers on the prowl, says property consultancy Knight Frank. Last year, overseas buyers spent $3.5 billion on apartments undergoing construction in central London, up 22% from the year earlier...............................................Full Article: Source
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