Overseas Investors See London Home Prices Dip as They Buy

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Balconies sit in front of residential apartments as scaffolding stands around one of the chimneys of Battersea power station in London, U.K. on Friday, Sept. 20, 2013.

Photographer: Matthew Lloyd/Bloomberg

Overseas investors are buying new tower apartments in London’s Battersea Park district just as existing home values there begin to fall. The area, which includes the Nine Elms neighborhood, was the worst performer in “emerging prime” London last year, broker Douglas & Gordon Ltd. said.

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