Property News - Property investors have been snapping up new homes in London
Prime rents across central London increased by 6.7% in 2011 despite a marginal decline of -0.3% in the final quarter, according to the 2011 Q4 Prime Global Rental Index, released today.
London was one of only two European cities to appear in the Index's Top 10, along with Geneva, reflecting the fact that the English capital remains a great place to invest in property.
Unsurprisingly, London is growing increasingly popular with domestic and international buy-to-let investors, with overseas buyers, particularly those from Asia, generally preferring to purchase new homes in London.
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