Expo Real: London values must correct 15%-20% for UK buyers

Prices in London need to correct by “15%-20%” to be viable for UK buyers, according to David Skinner, chief investment officer – global real estate at Aviva Investors.

He was speaking on an EG panel at EXPO REAL which examined why international investors were so drawn to London's Trophy towers, as well as the investment prospects for the rest of the UK.

The panel included:

David Skinner, Chief Investment Officer – Global Real Estate, Aviva Investors

Stuart Black, Director of Development & Infrastructure, The Highland Council

Alastair Hilton, Partner and Head of Investment, Farebrother

Neil Robinson, Director of Global Communications, ABP London

Chaired by: Damian Wild, Editor, EG

 Listen here to a recording of the full debate.