England vs Luxembourg: how Brexit has influenced the Luxembourg real estate market
We have already noted how, after the announced release of England from Europe, the London economy has started to wobble considerably, in every sector. The financial industry has to deal with the redistribution of the major financial centers.
In all this, there is a nation that could benefit from this stalemate: Luxembourg.
And it is precisely the Luxembourg real estate market that seems to be the fulcrum of this positive wave.
We have prepared an interesting list of what could be the benefits of Brexit in Luxembourg.
Perhaps, after this little reading, you could also come in to potential investors and buy a property in Luxembourg.
Let's start from the merely financial sphere:
a great many British and foreign banks have shown a very strong interest in building in Luxembourg.
Some examples?
Already Morgan Stanley, Goldman Sachs, Rakuten Commercial Banking, Bank of America, HSBC, Shanghai Pudong Bank are at the top of the list of potential groups interested in and transfer candidates.
A factor of fundamental importance, considering that these are the major English financial centers.
But the post-Brexit growth options for Luxembourg do not end there. On the contrary, we are now entering our research and, above all, in the world that interests us most: that of real estate.
Yes, even in this case the advantages on the horizon seem to be so many! Let us remember, first of all, that whenever we talk about shifts in economic terms of companies, businesses and financial centers of interest, there is always a small percentage that also pours into the brick.
So let's get to the point. However, we start from what prompted the various investors to pour into the Luxembourg real estate market. The characteristics of the market itself have, without a doubt, made a big contribution to the decisive choice. The expected returns in this country are much higher than many other Eurpopean capitals.
The impact concerns both the commercial and residential sphere. Companies that need to establish themselves with new offices for their activities on the one hand and employees who need housing where they can live on the other.
The estimates seemed already more than positive in 2017, and it was the case when reality exceeded expectations. About 10% more than estimated (in terms of real estate investments) took refuge in Luxembourg.
We can therefore say that this nation, despite its small size, seems to have become the springboard for many foreign activities, fearful of the effects of Brexit.
As for prices, however, with 6,000 euros you can find a standard property but very convenient to start from scratch in this land, the center of the new economic boom
In all this, there is a nation that could benefit from this stalemate: Luxembourg.
And it is precisely the Luxembourg real estate market that seems to be the fulcrum of this positive wave.
We have prepared an interesting list of what could be the benefits of Brexit in Luxembourg.
Perhaps, after this little reading, you could also come in to potential investors and buy a property in Luxembourg.
Let's start from the merely financial sphere:
a great many British and foreign banks have shown a very strong interest in building in Luxembourg.
Some examples?
Already Morgan Stanley, Goldman Sachs, Rakuten Commercial Banking, Bank of America, HSBC, Shanghai Pudong Bank are at the top of the list of potential groups interested in and transfer candidates.
A factor of fundamental importance, considering that these are the major English financial centers.
But the post-Brexit growth options for Luxembourg do not end there. On the contrary, we are now entering our research and, above all, in the world that interests us most: that of real estate.
Yes, even in this case the advantages on the horizon seem to be so many! Let us remember, first of all, that whenever we talk about shifts in economic terms of companies, businesses and financial centers of interest, there is always a small percentage that also pours into the brick.
So let's get to the point. However, we start from what prompted the various investors to pour into the Luxembourg real estate market. The characteristics of the market itself have, without a doubt, made a big contribution to the decisive choice. The expected returns in this country are much higher than many other Eurpopean capitals.
The impact concerns both the commercial and residential sphere. Companies that need to establish themselves with new offices for their activities on the one hand and employees who need housing where they can live on the other.
The estimates seemed already more than positive in 2017, and it was the case when reality exceeded expectations. About 10% more than estimated (in terms of real estate investments) took refuge in Luxembourg.
We can therefore say that this nation, despite its small size, seems to have become the springboard for many foreign activities, fearful of the effects of Brexit.
As for prices, however, with 6,000 euros you can find a standard property but very convenient to start from scratch in this land, the center of the new economic boom
