Will cryptocurrencies eventually replace flat currencies in property purchases? Find out how this trend is taking off here.
In the past year, real estate investors exposed to the UK have been taken on a wild roller-coaster ride that has generated anxiety. What are the reasons that support real estate investment in London? Where to invest? And what are the things investors should look out for when investing? We shared our views on The Edge.
Download to read more: 20170703 – Walking the ground in search of investment opportunities in London
(Source: The Straits Times, 20 August 2016) New York has taken the title as the world’s premier city for foreign investment in commercial real estate from London, following fears arising from the recent vote by Britain to leave the European Union. This move has diminished British capital’s appeal to be a global financial centre, decreasing the value of their investments, as cross-border property transactions data shows indications of greater unease among investors.
(The Straits Times, 15 August 2016) London properties are taking longer to sell this month despite a summer price cut amidst uncertainty caused by Brexit, and the dampening effect of the holiday season – where owners of highly priced properties tend to prioritise their holidays over putting their properties up for sale, giving certain anomalities in average prices in the most expensive buroughs at this time of year.
(Source: The Straits Times, 28 June 2016) With the UK’s vote to leave the European Union, London may have shed its safe-haven property market tag to the benefit of real estate markets in Asia that offer greater stability. Britain’s exit from the EU has wiped almost US$4 trillion off the value of global equities, causing investors to sell riskier assets in fears of trade snarls and political disruptions. (more…)