This site uses web cookies · Read our Policy here
International: (+34) 952 198 657
Open navigation menu

Investors Turn To London Due To Strong Exchange Rates

First name: 


Last name: 


Tel. Number: 

IPIN Disclaimer.

  We never share your data with any third parties.

*Note: IPIN investment opportunities are available subject
to location and certain knowledge / experience criteria.

News by Category


real estate  United Kingdom  Malaysia  Singapore  South Korea  London  Hugh Best  CB Richard Ellis  Prime Property Investments  Safe Haven Investing 

Investors Turn To London Due To Strong Exchange Rates

By - Wednesday 24 August 2011

Strong foreign exchange rates are just one of the reasons that international property investors are looking for assets in the UK capital's prime areas, it has been claimed. Hugh Best, head of investment management at London Central Portfolio, explained that buyers from places such as South Korea, Singapore and Malaysia "are looking to re-enter the market because of this currency play". He stated that South Koreans in particular are in a good position, as they presently get "less than two dollars to the pound".

Mr Best went on to point out that investors from locations in the Middle East are also showing an increased interest in central London real estate due to the political and economic instability in the their domestic markets at the moment. This is driving them to seek out "a safe haven investment", he concluded. A report published earlier this month by CB Richard Ellis stated that as some investors become more risk-averse, they are likely to target locations like London because its real estate market is "perceived to offer advantages of depth and liquidity".

Subscribe to IPIN Live by Email - Get our News & Blog updates delivered directly to your inbox - click here



*This page is provided for information purposes only and should not be construed as offering advice. IPIN is not licensed to give financial advice and all information provided by IPIN regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.

«« Back to IPIN Live

Follow IPIN Global

Latest Content

Recent Comments

Powered by Disqus