Renovation & Development Department

Real Estate Business – Based on data from the International Real Estate firm of Engel & Volkers, Houses Rent in London continues to rise. This is due to be implemented, the feast of the 2012 Olympic Games will be held on July 27 to August 12 in the British capital.

The increase that occurred up to 10%, exceeding the same period last year. Homeowners who saw an opportunity during the Olympic Games later, then decided to rent a house or apartment. In West London, the apartment is offered at a price of 10.000 pouds.

That is because the growing demands from international customer’s property. In addition, many luxuries Property in London, was also considered as a safe haven for investors. Due to shortage of supply of homes on the market makes the price of Houses Rent in London is likely to increase. Investment in infrastructure, transportation connections, and increased real estate development, will attract more foreign investors, to develop a Real Estate Business in London.

Summary:

• Due to the implementation of the 2012 Olympic Games, Houses Rent in London increased,
• Increase in the price of lodging in London reached 10%.