China remain highly confident in London property market

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thunder89
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Joined: Tue Aug 25, 2015 5:02 pm

China remain highly confident in London property market

Post by thunder89 » Wed Dec 21, 2016 5:25 pm

With Britain trying to hammer out the terms of its exit from the European Union and banks considering their options on the continent, is this the best time to start building a new financial district in London? China thinks so.
“Chinese investors are betting that the UK will do well in the Brexit talks and if it doesn’t companies will still choose London as their base,” said Michael Marx, former chief executive officer of developer U & I Group. “London didn’t become the financial capital of the world overnight and it certainly won’t lose that status so quickly.”
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