London beat Hong Kong and New York to become the most popular city to buy ultra-luxurious residential property last year despite Brexit and Covid, a study showed Monday.
The combined value of super-prime properties sold in the British capital climbed in 2020 to $3.7 billion (3.1 billion euros), according to data gathered by estate agency Knight Frank.
Hong Kong lost the top spot to London after sales slid to $3.2 billion for luxury real estate, defined as property worth $10 million or more.Los Angeles sales meanwhile jumped to $2.6 billion, earning it third place.
