Foxtons reports that the war in the Middle East has contributed to lower sales in the London housing market.

The entities involved

• Foxtons →

  British estate agency company

  Nothing else this week.

• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • The Trump administration has used sanctions against oil companies like Rosneft and Lukoil, while high-level talks are underway regarding waivers and market disruption in the Middle East.18:39
  • The Philippine Senate established a committee to address conflicts in the Middle East, led by Bam Aquino.18:15
• London →

  capital and largest city of England and the United Kingdom

  • The article reported on migrant job increases in London and the South East, political lobbying by Shabana Mahmood, and deaths in West Midlands and Scotland.18:14
  • Huntington Bank plans to open a representative office in London, led by President Scott Kleinman.17:24

Related events

• Conflict in the Middle East and the war in Ukraine are causing market volatility and price pressure, specifically affecting Agrana.Sep 28
• UK lenders finance property for Middle Eastern residents.Sep 11
• Victorian housing stock attracts buyers in the London area.Sep 23
• Patrick Tiernan commented on global risk and market stability caused by the Iran war.Sep 3
• The Middle East market is contributing to sales pressure for MHP.Sep 15