"Time to invest in London is now”- Hindu Times

The British Pound has plunged, the famously expensive London property market has crashed and thousands of highly skilled people have lost their jobs. According to London’s official marketing agency, all that is good news — for potential Indian investors.

“You can take advantage of the downturn to leverage new business opportunities,” Paul Bromelow, the global sales director of Think London, urged a group of Indian tech executives in Chennai on Wednesday. “But the window of opportunity won’t stay open forever…We’re estimating that it will last for another 12 to 18 months. So, the time to invest is now,” he said.

He pointed out that property rates in the West End area of London had fallen 38 per cent. “It’s best to get on the elevator now, when it’s at the lowest floor and ride it up as growth returns,” he said.

Hindu Times