Samir Salya discusses London real estate’s great year

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Investment in London’s commercial real estate is on track to be a record breaking year. As international buyers flock to the capital, property adviser Savills predicts the total of transactions in central London will top £20 billion. That’s higher than 2014’s £21.6 billion, the current record year. A record year? Commercial property transactions in central ... Read moreSamir Salya discusses London real estate’s great year

Samir Salya on the Luxury Property Show in London

Luxury property investment can no longer be considered a niche market. Interest is growing all around the world, and recent information released by Christies International Real Estate backs this up. The data from May 2017 showed that the top ten reported property sales globally were all priced at more than $100 million for the first ... Read moreSamir Salya on the Luxury Property Show in London

Samir Salya looks at who is investing in Central London

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The latest figures from London Central Portfolio show that homebuyers of luxury property represent 45% of all sales in prime central London. This is three time as many as the previous 12 months, due to the increasing discounts available. This has resulted in an increase of transaction numbers in luxury sales. There was a 23% ... Read moreSamir Salya looks at who is investing in Central London

Samir Salya discusses investment in London property

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Residential property prices in many boroughs of London have dropped year-on-year from September 2016 to 2017. Many of the areas that are seeing falling prices are the traditional premium strongholds. For example, the Royal Borough of Kensington and Chelsea has seen prices fall by more than 10% year-on-year. Furthermore, the price drop has almost solely ... Read moreSamir Salya discusses investment in London property

Samir Salya on the latest price drop for London’s luxury real estate

There has been a 7% slump in the luxury housing market for the UK’s capital, thanks to high stamp duty and the uncertainty cast by Brexit. However, there are signs that the market is bottoming out and better times could like ahead. Average cost down According to real estate experts Knight Frank, the average cost ... Read moreSamir Salya on the latest price drop for London’s luxury real estate

Samir Salya discusses London property prices

Official statistics show that London is losing people from every age group, apart from those in their twenties. People from all other age groups are leaving the capital due to the extremely high property prices becoming unsustainable. Five-year high Last year, up to June 2016, people leaving London (net outward migration) reached 93,000 people. This ... Read moreSamir Salya discusses London property prices

Samir Salya on London’s build-to-rent boom

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A new breed of hotel-style homes for renters in London are springing up due to the affordability crisis surrounding getting on the housing ladder. Property prices are fast outstripping wage increases in London, which has led to many people simply not being able to afford to rent. Developers have come up with a way to ... Read moreSamir Salya on London’s build-to-rent boom

Samir Salya discusses UK Export Finance for UAE projects

Dubai Buildings at Night - Samir Salya
International Trade Secretary to the UK, Liam Fox, announced that UK Export Finance (UKEF) will be supporting UK based construction companies with the projects they are undertaking in the UAE. UKEF (the country’s export credit agency) will be providing more than $600 million to Carillion and Kerr, construction companies that will be delivering three major ... Read moreSamir Salya discusses UK Export Finance for UAE projects

Samir Salya explains why UAE investors are turning to London

London Street and Red Bus - Samir Salya
It seems that not all UAE based investors are concentrating on snapping up off-plan realty in Dubai. Quite a number are heading to London to look out for bargains in the UK. According to research from Cluttons, since Eid there has been a surge of interest in London homes from investors based in Sharjah, Oman ... Read moreSamir Salya explains why UAE investors are turning to London

Samir Salya discusses the rise of micro-apartments in London

Apartments in London - Samir Salya
Proving that the old adage ‘location, location, location’ is still the over riding factor for property buyers, tenants in London are turning more to micro-apartments. Research shows that the market in prime central London is experiencing an increased demand for tiny apartments as long as they are in the correct location. The research was analysed ... Read moreSamir Salya discusses the rise of micro-apartments in London