Reuters reveals boost for luxury London property prices as Russians locked in – Reuters News Agency


Business & Finance

Reuters revealed how the war in Ukraine is making it hard for even unsanctioned Russians to sell exclusive residential property in Britain, adding to a shortage of supply that has helped drive up house prices in prime locations. Russian oligarchs, Middle Eastern oil barons and billionaire Chinese entrepreneurs have been on a spending spree on London real estate over the past three decades, snapping up trophy homes and high-end commercial property.  

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Business & Finance

Regions: Europe

Countries: UK

Win Types: Overall Coverage

Story Types: Human Interest / Feature

Media Types: Text

Customer Impact: Important Regional Story



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