London was yesterday, the official home of Britain’s largest shopping mall with the launch of the $2.8 billion Westfield London Shopping Centre in Shepherd’s Bush (White City), a massive 265-store, glass-roofed shopping center. The centre’s owners; Westfield and Commerzbank AG are confident that the looming British recession; the worst since 1991 will not negatively affect the potential profits of the centre’s future.
Posts Tagged ‘uk’
UK’s Largest Shopping Mall Opens in London Amidst Recession
by OP-Mall on Friday, October 31st, 2008 in Commercial Property, London Property
Middle Eastern Real Estate Investments In London
by OP-Mall on Tuesday, June 3rd, 2008 in UK Property
London is set to become the new playground for Middle Eastern wealth, judging by the recent headlines and news clips that made their rounds. Where the nations from the Gulf have long enjoyed London as their summer playground to escape their hot desert sun, new economic developments are fast seeing a massive influx of new investors from Gulf nations.
A recent deal that made headlines in the capital was the sale of an office block in the city to the Kuwaiti Government for £400 million. While this certainly seems like a lot of money to the average person, Kuwaitis are laughing all the way to the bank as rising oil prices and falling property prices are enabling massive opportunities for the nations who actually demand the prices to start with.




