22.04.2013 - London luxury property market price growth unsustainable: Grosvenor Group
The luxury property boom in London is unsustainable, according to Grosvenor Group, the £5.8 billion investment group. It told Reuters that the rate of luxury home price growth in London looks shaky after years of foreign investment in the safe-haven market. Luxury home prices there have increased 53% since 2009 compared to 25% in the rest of Greater London, according to Knight Frank...............................................Full Article: Source
Print