Prime central London and buying land on eBay

Middle Eastern investors are still most drawn to prime central London properties, the chairman of the Bahrain Property Development Association said today. 

Aaref Hejres said that for many Gulf investors the UK, and London in particular, is like a "second home". He added that the weaker pound was an added incentive to invest now. 

Hejres hopes to see more capital flowing from the UK and Europe into Bahrain where he said developers can expect a 10-30% return on investment and end users could see up to 7% returns.