A pedestrian walks near the Royal Exchange and the Bank of England in the City of London amid a lockdown. Photo: AFP
The View by Nicholas Spiro
Despite Brexit and coronavirus, Asian investors are snapping up London office buildings
London’s office market faces the triple whammy of the coronavirus, Brexit and an economic slump. But Asian buyers are taking advantage of the silver linings: higher yields than in Europe and less competition from European buyers
Nicholas Spiro is a partner at Lauressa Advisory, a specialist London-based real estate and macroeconomic advisory firm. He is an expert on advanced and emerging economies and a regular commentator on financial and macro-political developments.