Ambassadorial Moves - Mid - August Comment
- Published in The Belgravia Bugle
August is always a quiet month in Belgravia however the undercurrent suggests that there is still plenty of purchasing power in London and demand from abroad.
It seems that it is not only Belgravia that is seeing the property usage change from Embassy or commercial to residential but also the Mayfair market which has seen a recent resurgence of gentrification. Old offices are out and the demand for the designer residential, also known as “des-res”, is back.