Ruth Bloomfield

Lost property: where have London’s overseas buyers gone?

Despite the weak pound, foreign investors are staying away

  • From Spectator Life

It has been almost a decade since the first apartments at Battersea Power Station went on sale. Such was the excitement about its redevelopment that buyers queued in the chilly dawn for the chance to pick up a £343,000 studio flat or a £6 million penthouse. Most were from overseas, and in four days in January 2013 they collectively spent £600 million.

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