“In prime central London, it’s open season for wealthy investors from abroad with dollars to burn”, writes Emanuele Midolo in The Times this week.
Sharing her insight as a property expert of over 20 years and worldwide respected buying agent for premium London properties, Black Brick’s Founder Camilla Dell provided her input for the piece, reflecting on our own experiences as a buying agency in recent times.
“Our client list looks a bit like it did in 2007 and 2008, before the great financial crisis,” Camilla said. “[Other than the Americans], a lot of them work in the oil and gas industry, and a lot are from west Africa. I think that we will see a ‘flight to quality’ as we did in 2007. Buyers looking to diversify their wealth will be drawn to best-in-class assets.”
Read the article here.