Hong Kong Expats Are Buying Up Luxury Homes From London to Los Angeles - News Summed Up

Hong Kong Expats Are Buying Up Luxury Homes From London to Los Angeles


As the U.K. property market rebounds from the Covid-19 lockdown, the capital’s prime residential sector has also received an unexpected boost from Hong Kong residents wanting to relocate. “We’ve never had so many serious inquiries from Hong Kong,” said Trevor Abrahmsohn, managing director of Glentree, a luxury home agency. “These buyers are looking at the top end of the market,” such as rentals of $51,100 a week and sales of up to $76.6 million, he said. Clients have told Mr. Abrahmsohn they are reacting to the recent political...


Source: Wall Street Journal September 24, 2020 16:50 UTC



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