The UK; fundamentally attractive.
With speculation continuing around the likelihood of a Hard Brexit, there are good reasons to believe that London will retain its status as a leading global city, financial hub and property investment destination. Its strong fundamentals mean it remains Europe’s number one tech hub for future companies and attracted more foreign direct investment than any other city in 2018, according to the latest data from London & Partners found.
In a challenging environment where investors continue to hunt for yields whilst balancing portfolio risks due to uncertainties, investors from around the world, specifically from the Middle East, continue to seek assets in London due to its safe-haven status.Regardless of our recent trade transitions since the Brexit vote, the Middle East market has always been important for UK property and economic investments. A Knight Frank report recently projected the number of Ultra High Net Worth Individuals (those with wealth over £30m) in the region is expected to grow by 20 percent by 2023.