UK property firm opens in China, sees demand despite Brexit
Despite Britain’s vote to leave the EU, Select Property Group is doing a brisk trade selling flats in Manchester to Asian clients. It has just opened in Shanghai and is eyeing Hong Kong too.
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As some UK asset managers suffer big outflows from their property funds following Britain's vote to exit the EU, other firms seem to be benefiting from continued foreign interest in UK real estate, partly driven by a much-weakened pound.
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