The Battersea Power Station office, retail and residential development in the Nine Elms district in London, U.K., on Thursday, Jan. 7, 2021. Persimmon Plc, the U.K.s biggest housebuilder, said the long-term outlook for the countrys housing market remained resilient despite the economic gloom and latest national lockdown. Photographer: Hollie Adams/Bloomberg via Getty Images
The Battersea Power Station residential project in London. Deals are on hold as Middle East buyers prefer viewing completed homes Getty

Gulf demand for London property soars but deals 'won't happen' until flight curbs ease

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