Our position at the crossroads of Europe’s biggest financial and tech sectors make us one of the globe’s foremost hubs for innovation” (Lord Mayor of the City of London, Vince Keaveny, April 2022) Source: City of London “The UK’s offer to global investors continues to go from strength to strength due to its unique combination of time zone, language, legal system, global talent, transparency, and financial services ecosystem. In addition, research found that overall, the UK attracted £1.1bn worth of investment in 2021, largest number of financial and professional services foreign direct investment projects in Europe, and second in the world only to the US. New figures published in 2022 by the City of London corporation, show that London continues to hold the top spot in attracting foreign investment in financial and professional services, attracting 114 projects in 2021 – well clear of Dubai (104 projects), Singapore (104 projects), New York (54) and Paris (51). Investors understand that the UK and London is a very attractive Real Estate Investment destination and in the long term, they are expected a relatively attractive return based on the risk. In the long term, UK housing will always recover just as it did with the Global Financial Crisis in 2008-2009, the Brexit referendum and recently Covid-19. Figure 1: UK Housing Index: Source: HALIFAX Therefore, it remains stable despite the successive setbacks it is going through, which if another country went through, it would witness a clear stumble, and a real deterioration. London is the first investment destination in the commercial and residential real estate sector, and a safe haven for real estate investment due to its economic components, political position, and legislative climate. Demand for housing from both locals and international investors pushing prices up in all price ranges. The city has seen incredible growth in the recent years, both from private and government interventions. London has been the hub of culture and finance for hundreds of years. More and more sophisticated investors are going for mid to long-term investments in UK property. UK, and especially London property, has long been viewed as an attractive, safe, and profitable investment opportunity for foreign investors.
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