London has retained its position as the world’s top financial centre according to the latest report by the Shenzhen-based China Development Institute and think tank Z/Yen.
In addition to being the top ranked global financial centre in the world, beating competition from New York, Hong Kong, and Singapore, London was also the only European city to make the top 10. This emphasises London’s place as the most dynamic financial centre on the continent with its nearest challengers being Zurich and Frankfurt.
However, it is important to note that despite retaining the top spot for another year, London was the financial centre which rose the least in terms of rank points meaning that London must continue to innovate in order to remain the top city for the foreseeable future.
The report ranking takes into account 103 different factors with measures provided by organisations including the United Nations, The World Bank, and The Economist Intelligence Unit. In addition, the report is supplemented with 2,340 responses to surveys from finance experts and professionals from around the world.
Our Managing Director Antony Antoniou had the following to say: “We are delighted to see that London has once again topped this prestigious list of financial centres. Despite the uncertainty caused by Brexit, the capital has remained a dynamic and vibrant place to do business with financial services companies still looking to base themselves in Central London. These rankings prove that whatever the results of the ongoing negotiations with the EU, London remains open for business.”
For the full report with detailed analysis on the globe’s leading financial centres, please click here.
St John’s Wood Acquisition Completed by RIB’s Investment Team
We are delighted to announce the acquisition of an investment property located at 63 Queen’s Grove, St John’s Wood, NW8. St John Wood is a Central London district located in the City of Westminster. First developed by James Burton in the early 19th Century, it is one of the most affluent London suburbs and has
RIB Instructed on Sale of Chelsea Townhouse on Cadogan Street
RIB have recently been instructed on the sale of a residential property located on Cadogan Street, Chelsea, SW3. Named after the Cadogan Family who hold the title Earl Cadogan and Viscount Chelsea, Cadogan Street is one of the most sought after streets in Chelsea. Most of the properties on the street were rebuilt in the
RIB Let Self Contained Office in Fitzrovia
Here at RIB we are well known in the property market as the foremost agents in Fitzrovia. This is why we are delighted to have let a self contained office located on Grafton Mews, W1. With mews houses highly sought after within the residential market, there is also significant demand for commercial space located on