Heard On the Street: Chinese, Portuguese, Greek & Spanish money pouring into London real estate

8 July 2011 | 1 minute read

Economic uncertainty in their home country is driving Portuguese, Greek and Spanish high net worth individuals (HNWIs) to move their assets abroad and the investment choice du jour appears to be real estate in London. According to the chief investment officer at a large private bank, home prices in London have recovered significantly from their lows in March 2009 because…

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