London keeps calling Asian investors
In an effort to diversify asset holdings into core property, London’s well-established, transparent real estate market remains one of the most attractive to Asian investors. As with many investors globally, Asian investors are facing the pressure of growing liabilities as their workforces continue to age and rely on income from retirement. Core assets in the United Kingdom — the world’s most transparent nation according to JLL’s 2014 Global Real Estate Transparency Index— fit the bill for income-producing property likely to appreciate in value.
Recently, China Life Insurance Co acquired a 70 percent interest in London’s 10 Upper Bank St, which serves as the global headqua