London office sales rising.
Sales Primarily Driven by Hong Kong Investors.
According to international real estate consultant Knight Frank, buyers from Hong Kong have purchased £2.2 billion ($2.86b USD) of office buildings in the City of London over the first half of the year. Significantly above the £458 million ($596m USD) recorded over the same time period last year. This steep rise is somewhat unsurprising given the completion of The Leadenhall Building transaction (£1.15 billion / $1.5b USD) in Q1 2017 but still reflects a significant appetite for London real estate.
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