Ren Media
+44 208 4468853
Ren Media
+44 208 4468853
Published on 1st March 2010
We've been seeing a lot of articles recently about Chinese buyers and investors getting into the London property market.
Some estate agents have been tweeting about the rise in interest and articles have been appearing all over, from the Wall street Journal "Chinese Investors Make Moves In London's Property Market" to the Times "Chinese super-rich eye London homes" .
There's been lots of speculation on the reasons for this, with some commentators even suggesting that British Healthcare and Education are the reasons behind Chinese buyers looking to the UK.
According to Dr. Isaac Mostovicz owning a million pound plus property in London is seen as an accomplishment, both personally and professionally.
What is certain is China is shaping up to be a major influential player in the global real estate market and this is a trend likely to continue. If you work in real estate and property, what are you doing to engage with China?
Cherie Matthews said:
I agree with your assesment of the market. We are buyers agents in prime central London and act for a few Chinese individuals looking to buy prime real estate in Knightsbridge, Mayfair, Belgravia and Kensington. The Chinese clients appreciate our value added as we source real estate on an "off market" basis at the right price. Cherie & Co. are forecasting a rise in prices in central London by another 10% especially in lrage homes, lateral apartments and Mews Houses.
Contribution made 18/04/2010 9:52