Specialized real estate reports have predicted that real estate prices in the British capital London next year will fall by 12.5%, while prices across Britain as a whole will fall by only 10%, according to the report issued by Savills, the real estate brokerage company.

London is a favorite destination for real estate investments from the Gulf Arab countries, Russia and China, as a large percentage of the major properties in the city center are owned by Gulf investment portfolios and large investors from various Gulf countries.

London is a preferred destination for real estate investments from the Gulf Arab countries, Russia and China. Savills, a large real estate broker in Britain, said that prices in central London will fall by 12.5% next year with another drop of 1% during 2024, before a recovery begins in 2025.

Savills, a large real estate broker in Britain, said that prices in central London will fall by 12.5% next year with a further drop of 1% during 2024, before a recovery begins in 2025.