What s Driving Chinese Investment In London Real Estate
Cranes tower above construction sites, and surround 20 Fenchurch Street, nicknamed the Walkie-Talkie pallet building, in the financial district of pallet the City of London, in Britain February 13, 2016. Reuters / Hannah McKay
LONDON — It's boom time for commercial property investment in Tấm lợp London.
Total investment hit £12.03 billion in the six months to June, according to figures from commercial estate agents CBRE, marking a 24% increase on the same point last year.
This year's figure was inflated by the record £1.3 billion sale of 20 Fenchurch Street — the much-maligned "Walkie Talkie" building — to Hong Kong-based Infinitus Property Group.
But the figures do point to a Máy sản xuất gạch không nung wider trend of growing investment from Hong Kong and mainland China: investment from the region accounted for just 3.4% of total investment in 2012, and in the year so far counts for over 32%, as the chart below illustrates:
