Hong Kong: Hong Kong property investors cash in on Brexit

Realopedia Global Real Estate Portal

An 11 per cent fall in the British pound after the stunning Brexit result has aroused further ­Chinese interest in buying London investment properties.

However those relying on rental income have expressed concern over a tottering UK economy in the wake of the vote.

Three London projects opened for sale in Hong Kong yesterday, the day after Britain ­voted to leave the European Union.

The pound plunged by 11 per cent on Friday to its lowest level in 30 years, hitting HK$10.26.

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Source : Hong Kong: Hong Kong property investors cash in on Brexit