Asian investors are slowly becoming one of the superpowers of the world property market. As the rest of the world suffered as a result of the financial crisis that struck property prices in the likes of the Middle East, Europe and North America, certain Asian economies such as China continued to grow, and it has left a growing number of people from these nations looking to get themselves a slice of the property market overseas. One of the major nations they have begun to move into has been the UK, with properties in London and further afield being seen as something as a safe haven for their investments, allowing them the chance to make decent levels of profit from their outlay.
UK a main market for Asian investors
There are a number of different areas of the UK in which Asian investors are starting to become a major force. Examples of this include At the moment, some 15 per cent of all the sold properties in London alone are being picked up by overseas buyers, and alongside Spanish investors, those coming from Asia are among the most prominent.
In prime Central London, the number of foreign investors is even larger, with an estimate …read more
Source: IPIN Live