Non-stop Flights Between Shanghai and Manchester to Stimulate Growth
Chinese carrier Juneyao Air will start direct flights between the UK’s largest North-Western city and China’s largest city in March 2020, the first airline to do so. This is expected to boost investment, trade and tourism in Manchester as Chinese citizens look to increase international investments. The impact on property prices could be significant with more and more businesses requiring premises as well as staff accommodation. In addition, the improved connectivity will increase the number of Chinese students studying in Manchester. Already UK applications from Chinese students via UCAS in 2019 were up 30% on 2018.
Posted by: Kelvin Tayfield, Sun, Dec 15th 2019
LPS Shanghai 2019
Ending the 2019 by participating on the Asia’s most exclusive property show.
LPS Shanghai 2019 is the leading luxury real estate exhibition held in China’s commercial and financial capital. Held last December 6-8, 2019, LPS Shanghai welcomed over 200 luxury real estate companies presenting unique estates to a discerning audience of Chinese luxury home buyers.
Downtown International have teamed up with Ktesius to showcase its latest development - Rox, Brighton. A stunning development in Central Brighton, minutes from Brighton station and Brighton Pier. Featuring studios, 1 and 2 bedroom, duplexes and 2 townhouses with prices from £220,000
To find out more about Rox, Brighton contact us on +971 52 322 2279
Posted by: Downtown International, Tue, Dec 10th 2019
The UK Affordable Home Gap
The UK housing shortage has been an issue for many years with millions of people being affected. Home ownership rates amongst those under thirty-five has dropped by 50% in the last twenty years. Still today there is a lack of attention by developers in this market, thereby presenting investors with an opportunity to benefit from both yields and capital growth. This is supported by a recent article in The Telegraph quoting a study which shows that the most affordable homes prices in many areas in the UK are growing at twice the rate of the local average as the shortage persists.
Posted by: Kelvin Tayfield, Sun, Dec 8th 2019
Positive Outlook for Central London Property Developments
A recent UK real estate outlook report published by JLL underlined the positive outlook for the UK economy post an early 2020 Brexit. The report also highlighted that an additional 2.5m people will be living in UK’s urban areas by 2024, placing further pressure on the existing housing shortage.
Forecasts for UK house price growth over the next five years see Central London developments with the highest growth – in excess of 18% - followed by Prime Central London, Greater London and the Northwest. Furthermore, the currency is forecast to appreciate in excess of 12% during this period.
Posted by: Kelvin Tayfield, Sun, Dec 1st 2019
Future London; Regeneration Zones Offer Growth Premium
London’s landscape is being transformed by numerous regeneration zones, some of which have been ongoing for years and are showing maturity. These zones are providing much needed accommodation for the City and providing good returns for investors.
A study by CBRE has identified a number of regeneration zones which will provide a growth premium over and above average prices in their local area for investors willing to take a long term view. Heading these is Woolwich which is home to Royal Arsenal Riverside a £1.2bn development which will benefit from the new cross rail from 2021. Other areas identified in the study as high performers include Woodberry Down, Colindale and the Greenwich Peninsula.
Posted by: Kelvin Tayfield, Sun, Nov 24th 2019