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London Property Prices to Rise, While it Remains a Safe Haven: CEO

Thu 31 May 12 | 11:45 AM ET
Michael Marx, CEO of development securities, told CNBC, "Seventy five percent of the increase in the price of central London relative to the rest of the UK is driven by safe haven flows. If the safe haven flows continue there is more upward pressure on prime central London residential."
 
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