London’s luxury hotspots a magnet for property buyers as travel rules ease – The National

luxury, london, property, prime, building,
Gulf
  • Date: 14-Oct-2021
  • Source: The National
  • Sector: Real Estate
  • Country: Gulf
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London’s luxury hotspots a magnet for property buyers as travel rules ease – The National

A sudden spike in interest in the prime central London property market is being reported by a leading high-end developer, which has seen a dramatic uplift in sales at its showcase luxury development in the UK capital.

Trends that unfolded during the pandemic have seemingly shifted into reverse with the centre of the city re-emerging as a magnet, as investors look to hedge against an expected surge in British inflation.

“If people want to know what’s going on right now in prime central London property, it is chaos”, Gabriel York, the chief executive of luxury developer Lodha UK, tells The National.

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