Chinese investments pour into London property
By Cecily Liu in London | China Daily | Updated: 2017-03-01 07:47
Chinese investors broke records by spending 805 million pounds ($1.01 billion) on property in London's West End in January, around 80 percent of the amount spent by Chinese investors in that market during the whole of 2016.
Total transactions in London's West End commercial property market during January came to 841 million pounds.
Four out of six deals transacted during the period involved Chinese buyers, according to the latest statistics issued by estate agent Savills.
Photo
