Why London needs overseas property buyers

Harrods Estates has signed an agency-wide partnership with Chinese mega-portal Juwai.com, as new figures are released on the scale of Chinese investment into the capital's property market.

London's resi development pipeline is likely to pump an extra £8bn into the UK economy, according to some research by London Central Portfolio.

Going by recent headlines, you'd be forgiven for thinking that nearly all of London's new-builds were being hoovered up by foreign investors.