Luxurious Photos ! Wealthy Africans Spend £4 million on London’s high end property every week

According to a new report, super wealthy Africans are spending almost £4 million( N1.04 billion) on London property every week as they snap up some of the most exclusive investments in the capital,   according to the report by real estate agent (Beauchamp Estates) via UK Daily mail

The report further showed that in the past three years, £600million (N156bn) has been splashed in the London property market – with Nigerians emerging the biggest spenders, having forked out £250million (N65bn) on homes in the city in the last three years.
                                                           

Folorunsho Alakija, a billionaire oil tycoon, fashion designer and philanthropist from Lagos, is a big investor in the London market

The estate agents said the Africans are, predominantly, from six countries, namely: Nigeria, Ghana, Congo, Gabon, Cameroon and Senegal; with billionaires – Nigeria’s Aliko Dangote and Folorunsho Alakija – emerging the biggest investors.

If they are not buying, they are renting luxury homes for up to £15,000-per-week 
and staying for between six weeks and three months