11K Consulting quotes Simon Green in its latest 'London Property Market Overview and Predictions' article
London has never been more popular as a property investment opportunity for Chinese buyers. They have higher levels of disposable income, historically higher savings and are looking for ways to diversify their portfolios, as well as purchase second homes.
To gain insight into this fascinating and multi-layered topic, 11K Consulting has partnered closely with one of the UK’s leading mixed-use developers, Regal London, to bring together the thought leadership article “London Property Market Overview and Prediction: Where and why are Chinese buyers buying residential properties in London in the next 12 months?”
Alongside Regal London, 13 additional highly respected industry experts in property development, financial services, wealth management, architecture, property services, education and law were invited to offer their views and perspectives. Simon Green, Partner and Head of Asia was approached to share his expertise and insights such as why Chinese buyers still favour the London residential market. Simon informed 11K Consulting that, in his experience, there are a number of reasons for this including (but not limited to):
- London continues to be an important global financial centre and one of the World’s leading wealth hubs. It’s also consistently ranked as one of the best cities in the World to live in;
- London (and the UK more generally) has a world-class education system with an abundance of prestigious schools and universities;
- London is seen as stable residential market for investment purposes with good prospects for rental and capital growth over a sustained investment period;
- The legal system supporting residential property transactions in London provides certainty and stability and therefore confidence to overseas investors;
- The level of taxation that a Chinese buyer and investor will be exposed to is competitive when comparing other jurisdictions across the World; and
- The continued relative strength of the US Dollar against Sterling continues to generate interest for overseas investors where some or all of their income or portfolio of assets are in or tied to the US Dollar.
Simon is quoted in relation to a number of questions and you can read the full thought leadership piece here.
(The Thought Leadership Article was produced by 11K Consulting, the UK’s leading Chinese luxury and property PR and communications agency)
