Wealthy property investors see London as favourite location

Ben Southwood
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INTERNATIONAL residential property investors are honing in on London, their favourite destination for investment, a survey from Cluttons revealed today.

Fifty-seven per cent of respondents told Cluttons that London was their top investment target location – especially investors located in Dubai, Bahrain, Kuala Lumpur and Singapore.

And investors are looking to get into property markets, including London, while the going is good – 71 per cent said they were very likely to seek to invest in real estate in the next three to six months.

“Quite remarkably, 43 per cent of...investors state that the global financial crisis has had no impact on their view of London as a top investment target location,” said Cluttons senior partner Bill Siegle.

“In fact, almost a third [say] London is better-placed because of the Eurozone difficulties,” Siegle added.