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Weaker pound could mean more property sales to foreigners

More London properties could end up in foreign ownership, as funds look to sell holdings at a time when the pound is at its weakest since the 1980s.

A Hammersmith office building and Oxford Street store are reportedly being put up for sale by Aberdeen Asset Management, while Henderson Global Investors is thought to be looking at selling Coutts & Co.’s HQ on the Strand.

Click here for the full Bloomberg article

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