Location: Asia

Green Property's sale of the epic One Nine Elms scheme to Chinese conglomerate Dalian Wanda Group has been completed.

Will the proposed CGT changes make London look expensive on the international stage? Savills doesn't seem to think so.

You probably heard something about George Osborne, capital gains tax and overseas buyers yesterday.

Royal Wharf, a 37-acre site on the Thames, has been sold for around £200m to Singapore-listed developer Oxley Holdings.

It may have already been dismissed by the Treasury as "pre-Autumn Statement speculation", but the spectre of a capital gains tax on foreign investors has been doing the rounds this morning.

"London’s credentials as a safe haven for investment remain its greatest asset," says Mark Collins in CBRE's Q3 prime London resi market report as sales volumes lift 7% and prices 1.

Flexing its global reach to the max, Knight Frank has had a crack at working out which nationality is the world's "leading cross-border buyer of new-build luxury property".

Increasing numbers of developers and private sellers are specifically preparing their properties to attract HNW international buyers.

So Olympia isn't quite as glam as Cannes. And the cycle ride there won't come with quite the same sense of achievement.

The appetite for prime central London property from the world's wealthy seems insatiable, says James Bailey, and international investors - particularly from China - are getting ever-more sophisticated…

In the second part of Candy & Candy's GPS Report, Savills' Yolande Barnes and Paul Tostevin break down where the rich are buying what, focusing on luxury enclaves of "play" properties around the globe.