25 Mar '15, 2am

City fringes attract more #London buyers

City fringes attract more #London buyers

Comment E-mail to friend Bookmark & Share The city fringes of London are slowly become a new hotspot for Singapore investors looking at the United Kingdom, according to one real estate firm. For more than 30 years Prime Central London properties have been in great demand by overseas buyers, given its reputation as a safe haven and plethora of prestigious educational institutions. In recent years, however, the area known as the ‘City Fringe’ has transformed into an established part of the London office and residential market, with Shoreditch, Clerkenwell and Aldgate identified as core locations, according to real estate firm JLL. ‘Tech City’, a digital and tech cluster increasingly recognised as central to London’s economy, has undergone significant redevelopment in recent years, with investment from companies such as Cisco, Facebook, Google, Intel, McKinsey & Co, Amazon, r...

Full article: http://www.propertyguru.com.sg/en/property-management-new...

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