Bloomberg Businessweek

Chinese Investors Hear London Calling

Since the Brexit vote, rents are down, and some see bargains | The capital “is still a great magnet for companies from Asia”
Royal Albert Dock

With Britain trying to hammer out the terms of its exit from the European Union, is this the best time to start building a new financial district in London? China thinks so.

Four of the country’s biggest banks this month agreed to finance the first stage of a £1.7 billion ($2.1 billion) transformation of an old East End dock into a hub for Asian businesses. In total, Chinese companies are on track to invest a record £4 billion in London property this year.

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