London Property

Fund exemplifies London's reliance on banking and dodgy foreign cash

Luxury property in prestigious areas of London like Belgravia continues to be popular with wealthy foreigners. Photo: Bloomberg

As a symbol of Britain's ill-advised romance with banking and dubious foreign money, a new prime London property investment fund is hard to beat.

Thursday, 13 March, 2014, 1:13am

London builder Regal Homes aims to sell 400 houses to Asians this year

Prices in London’s top-end residential market have inflated beyond the reach of most residents. Photo: AP

Regal Homes, a medium-sized builder in London, plans to sell 400 houses worth a total of more than £350 million (HK$4.54 billion) to Asians this year.

17 Mar 2014 - 5:02pm