{"id":1266,"date":"2015-08-17T09:23:59","date_gmt":"2015-08-17T09:23:59","guid":{"rendered":"http:\/\/poseidon-gp.com\/property\/?p=1266"},"modified":"2015-08-17T09:23:59","modified_gmt":"2015-08-17T09:23:59","slug":"foreign-investors-spend-1-8bn-on-london-property-in-the-second-quarter-of-2015","status":"publish","type":"post","link":"https:\/\/poseidon-gp.com\/property\/foreign-investors-spend-1-8bn-on-london-property-in-the-second-quarter-of-2015\/","title":{"rendered":"Foreign investors spend \u00a31.8bn on London property in the second quarter of 2015"},"content":{"rendered":"<p>Foreigners\u2019 land-buying spree is at its highest level since 2007<\/p>\n<p>Wealthy foreign investors have forked out \u00a31.8bn on central London property developments, according to research by CBRE.<\/p>\n<p>Foreigners\u2019 land-buying spree is up 118% year-on-year and is at its highest level since 2007.<\/p>\n<p>The <em>FT<\/em> reports that the largest transaction recorded in the three months to the end of June was three sites being sold for \u00a3428m to a partnership between Malaysian investor Eco World and Irish developer Ballymore.<\/p>\n<p>At number two was the sale of offices including former Express Newspapers HQ Ludgate House for \u00a3308m.<\/p>\n<p>Alastair Perks, CBRE\u2019s senior director of central London development, told the <em>FT<\/em>: \u201cThe leasing market continues to strengthen and, with supply of office space remaining historically low, these factors are creating good opportunities for speculative development.\u201d<\/p>\n<h2><strong>Take a look at what foreigners own in Britain:<\/strong><\/h2>\n<div>\n<h1><a href=\"http:\/\/www.londonlovesbusiness.com\/property\/commercial-property\/harrods-canary-wharf-now-british-airways-heres-what-qatar-owns-in-the-uk\/9678.article\">Harrods, Canary Wharf, now British Airways: Here\u2019s what Qatar owns in the UK<\/a><\/h1>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Foreigners\u2019 land-buying spree is at its highest level since 2007 Wealthy foreign investors have forked out \u00a31.8bn on central London property developments, according to research by CBRE. Foreigners\u2019 land-buying spree is up 118% year-on-year and is at its highest level since 2007. The FT reports that the largest transaction recorded in the three months to [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,1],"tags":[],"class_list":["post-1266","post","type-post","status-publish","format-standard","hentry","category-news","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9PjAq-kq","_links":{"self":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/posts\/1266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/comments?post=1266"}],"version-history":[{"count":0,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/posts\/1266\/revisions"}],"wp:attachment":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/media?parent=1266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/categories?post=1266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/tags?post=1266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}