Istanbul, Warsaw and Moscow new property hotspots

Julia Kollewe
Istanbul
Istanbul

AP

Property investors are looking further afield to places like Istanbul, Warsaw and Moscow for bargains and better investment returns while London has lost some of its allure.

The UK capital has slipped down the list of Europe's property hotspots to languish at the bottom of the top ten, according to an annual report by PricewaterhouseCoopers and the Urban Land Institute.