A Boost for BrexitGriffin's purchase will be seen as a symbolic boost to London's real estate market. The prime London property market has suffered in recent years. News of such a significant purchase will give many prime real estate investors confidence in the market despite current Brexit uncertainty. That means Griffins saved around £30 million ($39 million) on his £95 million ($122 million) purchase. With such savings to be had - and a favorable exchange rate to match - London's real estate market can expect to see much more American interest in the future.
Source: Forbes January 21, 2019 15:58 UTC