Gulf demand for London property soars but deals ‘won’t happen’ until flight curbs ease

  • Date: 15-May-2021
  • Source: The National
  • Sector:Real Estate
  • Country:Gulf
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Gulf demand for London property soars but deals ‘won’t happen’ until flight curbs ease

When the busy skies ferrying passengers between the Arabian Gulf and London eventually open up, property agents and developers are hoping to cash in on soaring demand from Gulf buyers for luxury homes in London.

The market is poised for a surge in transactions with GCC buyers after developers ramped up their marketing campaigns to the region in the run-up to Britain easing its travel restrictions.