Ben and Will Samuels of Wilben Developments talk Brexit with CityAM
Many in the property industry assumed the outcome of the EU referendum would dent overseas buyer activity. However, it has actually stepped up a gear. For instance, CBRE estimated Hong Kong investors had accumulated £4.5bn to target Prime London’s assets by 2016’s close. Developments we have recently been involved with in Belgravia and Chelsea also continue to attract interest from overseas buyers post-referendum.
So why this unshaken confidence?