London’s office market a magnet to investors as Hong Kong, Singapore buyers eye rental, capital appreciation

Asian investors from China to Singapore are expected to step up their bets on London’s office property market this year, lured by the currency resilience and prospects for rent and capital appreciation, according to market consultants.They are seen doubling their investments to £4.1 billion (US$5.5 billion), making up 39 per cent of all spending by global investors in the British capital, said Christine Li, head of research for Asia-Pacific at Knight Frank. That would be an increase from about…

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