Middle Eastern buyer interest in London growing – Knight Frank

Middle Eastern buyer interest in London growing – Knight Frank

Middle Eastern buyer interest in London growing – Knight FrankWORLDMiddle EastAfricaIndian Sub-continentChina and Asia Pacific UK and EuropeAmericasRussiaECONOMYGlobalGCCAfricaLevantNorth AfricaISLAMIC ECONOMYIslamic FinanceIslamic BusinessIslamic Finance ReportsIslamic Finance GlossaryBUSINESSAviationBanking & InsuranceCareersEducationEnergyFintechHealthcareHospitalityManufacturingReal EstateRetail & ConsumerTechnology and TelecomTransport and LogisticsTravel and TourismSMEsFinance MarketingTechnologyLegalPeopleMARKETSCommoditiesCurrenciesEquitiesFixed IncomeWEALTHAlternative InvestmentsFundsWealth ManagementSustainabilityLEGALCrime and SecurityImmigrationPolicy RegulationsLIFECultureEntertainmentFoodHealthLeisure & TravelSportsOPINIONBusiness InsightsPROJECTSBRIConstructionIndustryMiningOil & GasUtilitiesSPECIAL COVERAGERamadan and Eid 2023COP 28: Talking Climate in UAEUAE Realty MarketThe Future of CryptosFocus: Global Wealth FundsRussia-Ukraine CrisisMULTIMEDIAGalleriesVideosPRESS RELEASE Companies NewsGovernment NewsPeople in the NewsResearch & StudiesEvents and ConferencesAfrica Press ReleasesAsia Press ReleasesHome page>BUSINESS>Real Estate>Middle Eastern buyer int...PHOTOMiddle Eastern buyers spent an average of £2.6 million ($3.3 million) on properties as hundreds of thousands of potential buyers from the region visited London over the past year, real estate consultancy Knight Frank said.The number of people from the region passing through London Heathrow Airport between June 2022 and June 2023 reached 614,227, up 14% on the previous year, Knight Frank noted.The real estate consultancy cited Chelsea Waterfront, a mid-rise apartment project where a three-bedroom property is listed for £3.07 million is currently popular with regional buyers.(Reporting by Imogen Lillywhite; editing by Daniel Luiz)[email protected]: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding