The boom in luxury housing market in London continues. Investors are going to build in 2020 in the British capital around 9 thousand apartments and luxury homes.
Investment will amount to € 23,3 billion, "- said the company EC Harris. Supply shortage in this segment has led to record prices for luxury housing and provided the impetus for new projects, experts say.
According to the forecast EC Harris, only for 2014-2015. residential real estate market of the highest category of the British capital should appear 4 thousand new objects. All in all, by the end of this decade, investors and developers plan to build here about 9 thousand luxury apartments and homes, the selling price of which for 1 square. m will start from € 11,9 thousand
Among the most interesting projects of the capital upgrade luxury real estate is located directly opposite the reconstruction of the Tower of London hotel complex in Trinity Square, 10, and the transformation into an elite hotel was once owned by the U.S. Navy building in Grosvenor Square.