London luxury property is still glitzy for Middle East investors – CNNMoney

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London mayor: U.K. has no game plan on Brexit

The weak pound and falling prices are encouraging Middle East investors to continue to pour millions into London luxury real estate despite concerns about Brexit.

“They love London,” said Niccolo Barattieri di San Pietro, CEO of luxury property developer Northacre, which is owned by the Abu Dhabi Financial Group. “They want to send their kids there, they speak the language, they understand the legal system.”