The latest Kinght Frank report highlights: A Positive Long Term Outlook For Student Numbers In The UK. Demand from international students remains strong despite uncertainty, while changing demographic trends should strengthen domestic demand.
In recent years, an increasing number of jurisdictions across the globe have either introduced new or strengthened existing rules controlling foreign investment: the UK is no exception and the trend for even greater transparency in UK real estate has continued, especially where overseas investors are involved, driven by the UK Government’s wider push to tackle corruption.
What began as a cost-effective means for self-employed persons and startups to rent work space and share office amenities has evolved into “a full-blown industry that has disrupted the real estate industry and the way people work.”
The Becar Asset Management Group holding (Becar) and the international operator Wyndham Hotels & Resorts (manages 8,000 hotels in 71 countries) announced the opening of a new hotel chain in Russia. According to the New Prospect news agency, the first object under the Ramada Encore brand will appear in the Moscow district of St. Petersburg as part of the Becar hotel complex.
The seasonal nature of the housing market makes spotting short-term trends difficult, and the recent fall in transactions makes it even harder. Still, there is some evidence the market in London could be about to turn. The proportion of London homes with falling values peaked last autumn at about 80%, according to Zoopla, the online property portal. By the beginning of 2019, that proportion had fallen to 68%.
