Yesterday, US Federal Reserve raised interest rates, which made US Dollars stronger against most currencies in the world. And because the market knew this will come anyway this year, nothing outrageous had happened on the financial market.
It looks like US Federal Reserve has all the confident that the economy is developing without any major problems. But were they too optimistic? Where is the safest place to put your money in?
Our answer is London.
London is the only city that can remain its economical position after having been through the biggest financial crisis in 2016 - the Brexit. It is also the only city that conquered the uncertainty and still attracting investments from all across the world.
Brexit did lower the value of GBP, it also opened its door to the overseas investors. Among all the investors, Chinese investors seemed to be the most motivated group. From August 2016 to the end of September, there were over 500 million pounds Chinese money invested in London areas including Docklands, Tower of London, Mayfair and Canary Wharf. Their investments had not stopped until now, even the Brexit negotiation is bringing more uncertainty now. Apart from the Chinese investors, American bank Wells Fargo and a private middle-east investor were also playing in the investing show.
Another reason of the overseas investors’ enthusiasm was the price. CBRE analysis report said London commercial property price had descended over 3.3% since Brexit.
Since it is already the end of 2016, the market had settled down from Brexit dust, more confidence is coming back to London, it is not hard to foresee that investing in London is comparatively a safer way to protect your money.
Should you have or considering to be a part of an investment in London please write to us via