London elite house prices rise

By @ibtimes on

Prices of apartments and houses costing more than 10 million pounds witnessed a rise, according to Knight Frank LLP, as the wealthy compete for a limited number of available Super-Prime properties.

a report from Knight Frank said There have been a number of very significant sales in the first few weeks of the year, which point to the depth of wealth which is looking to buy into the top end of the London market, adding that With inflation rising in Asia, the desire to add tangible assets to wealth portfolios is proving itself to be a key driver of demand.

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