London prime property attracts Arab buyers despite Brexit woes
(WorldNews Europe)

Despite London´s uncertain political climate, Middle East investors view the post-Brexit market as a buying opportunity, experts have said. `There are many who see London property as good value and are seeking opportunities in which to invest,` said Robert Pearce, head of international residential at property firm Savills. Arab buyers are also being enticed to the UK market by the relative weakness of the UK pound versus US dollar and the value correction in the London market since mid-2014, Pearce told Arabian Business. According to Savills, price falls across all prime central London value bands have now converged at around 20 percent below their peak of market 2014 levels. When taking...