Forex news. The total of 20 bln. US dollars have been invested in premium real estate of British capital during 2010.
The average rise of the value of residential real estate in London amounts to 100% every ten years. Major investments come from pension and hedge funds, the former making up almost 70% of total investment by using derivatives or directly.
Physical bodies also contribute to the demand for premium real estate in London. Thus, in 2010 a considerable number of customers came from former USSR. They currently form the most influential group of foreign investors at the market of premium real estate in London.
According to Savills Research experts, the money inflow to the market is such that it would be enough to buy 18 561 housings in Britain.
The rate of British pound is forming bear wave А/В, which will be set when upward pivot MF 1.5890 is passed. According to the experts of Masterforex-V Department of Trading System, downward FZR will keep forming the long-term ascending wave А/В, whereas passing the maximum of 1.6174 will cause descending motion.
