More Chinese buyers enquire about UK property after Brexit vote - News Summed Up

More Chinese buyers enquire about UK property after Brexit vote


Over the past few years, Chinese investors have been among the biggest foreign buyers of British property, snapping up everything from opulent homes to iconic commercial property. The web site's upbeat view contrasts with developments in the British commercial property market since the referendum. Other fund managers cut the value of their UK property funds. Investment demand for British commercial property dropped by the largest amount on record after the EU vote, according to a survey from Britain's Royal Institution of Chartered Surveyors. The number of Chinese enquiries about the British residential and commercial property market has been 30-40 percent higher than average in each week from June 20 to July 11, the website, which targets Chinese property investors looking abroad, said in an emailed statement.


Source: Thanhnien News July 24, 2016 23:15 UTC



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