and this copied and pasted from the Brentford TW8 site.All trace back to developer events held in Cannes.Given that both Ealing and Hounslow have employed the same Regeneration director and that many of his underlings are now in the employ of both authorities and that both have brokered secret deals in Cannes ( which is closed to even media unless they sign a copy approval agreement) So this comes as no surprise.Pasted below"Jenny Steen, sales director at Irish property developer Ballymore – which has several London projects – said she has noted increased Middle Eastern buyer interest in non-traditional areas such as West London’s The Brentford Project." – Arabian Business."Close to Heathrow airport and next to prestigious areas like Chiswick and Kew, Brentford offers people the chance to buy into great growth opportunities,” she said. “It’s an unusual place that is home to natural spaces, as well as proximity to great schools and employment opportunities at a lower price point. Middle Eastern buyers are looking at opportunities for growth in West London, which still have parks, green spaces and access to water in an appealing price bracket,” she said. “The Brentford Project appeals to owner-occupiers who would also like to rent out if they decide to.”MULTIPLE PURCHASES. Arabian Business also reported: "According to Barratt London (which is developing Hounslow Town Centre) 12 multiple property purchases were transacted in the last six months from Middle Eastern family offices, compared with one in the 12 months before. Between six and 10 apartments is the average number per transaction with purchasers. While typical purchase values are between £460,000 and £600,000."The property firm has seen a move towards Gulf investors purchasing more affordable outer London homes, which offer rental yields of around four percent – higher than central London at 3.6 percent."https://www.arabianbusiness.com/.../469671-why-gulf...
Raymond Havelock ● 1300d