In the Press

Wealthy Arabs arriving early in London

LONDON — It’s not usually until summer is in full swing that wealthy Arabs descend upon London, but this year, along with the unusually warm weather, the rich have come early. As the Arab spring sweeps across the region, Middle Easterners seeking refuge for their cash are snapping up million-pound properties in the British capital.

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With an early start to warm weather and sunny skies this year, Middle Easterners are coming to London much sooner than usual.

Sharing our perspective on the Arabs’ London descent on the UK property market, Black Brick’s Founder and Managing Partner, Camilla Dell offered her thoughts for a new piece in AL Arabiya News this week.

“Enquiries from the Middle East have doubled since the beginning of this year and [we are] seeing interest from a wider range of countries.”, Camilla said.

“We have always had a strong client base from Egypt, the UAE, Saudi and Lebanon. However, since the crises we have noticed an increased diversity and we now have clients from Iraq, Yemen, Jordan and Bahrain.” she continued.

Read the full article here.