Recently, DTZ, Jones Lang lasalle, Pricewaterhousecoopers, Hurun and other institutions have released "overseas real estate investment" reports. Many reports consistently show that China's overseas real estate investment hit a new high in 2016. According to statistics from global real estate groups Jones Lang lasalle and DTZ, the total investment of Chinese buyers in overseas real estate in 2016 both exceeded $30 billion, an increase of nearly 50%. In addition, in terms of hot investment areas, the US is still the most favored investment target for Chinese people, while the UK is also favored by Chinese people, ranking in the top five all the time.
Although last June, Brexit became a "black swan" in global markets, which caused the pound to take a beating, there were many pessimistic voices about the UK. But the overall market in the UK was not as bad as people thought, after economic data showed that GDP growth in the third and fourth quarters of last year was higher than expected, while unemployment remained low.
Chinese investors, on the other hand, are not losing confidence in the UK, but are showing signs of being very active. Investment by Chinese companies in the UK has continued to rise after Brexit, increasing by about 60 percent, with investment still concentrated in the real estate, infrastructure and financial sectors, according to Simon Bevan, chief and partner of Chito Tong's China-UK Services group. Notable deals include Wanda's purchase of Europe's largest cinema chain Odeon in London, Vanke's purchase of Ryder Court commercial property in London, China MinInvestment's purchase of the UK headquarters of Societe Generale and the headquarters of Cazenove Capital Management. This has been helped by the depreciation of the pound as a result of the Brexit result, which has greatly reduced the cost of investment, while positive diplomatic and commercial relations between the UK and China have also kept businesses confident.
In terms of property investment, while Brexit has reduced expectations for returns on UK property, the DTZ report showed that Chinese investors took advantage of the weaker pound to increase their total investment by 32 percent year-on-year. The Jones Lang lasalle report also noted that Chinese investment in UK real estate reached $2.2 billion in 2016, up from $1.8 billion in 2015. In addition, the monthly UK housing market report for February 2017 showed an increase of 2%, showing house prices rising in all regions of the country without exception. Overall, compared to last month and last year, prices in almost all regions are up from the previous month and the previous year, and look at the rapid pace of red across the board. And, according to data from the just-released 2017 Housing White Paper for England, fewer than 152,000 new homes were registered in 2016, down 2% on 2015 and well below the 250,000 needed annually. Britain's housing market is badly short of supply. Prime Minister Theresa May entered Downing Street promising to build one million new homes over 10 years to help younger generations get on the housing ladder.
Demand is also pushing up prices, especially in London, where average property prices are still the highest in the country. That's right! It is well known that the average house price in London is much higher than the national average, but there is one borough of London where the average house price has increased by £1.5 million over the past 20 years. Research by Lloyds Bank shows that in the 20 years between 1996 and 2016, the average house price in the London borough of Kensington & Chelsea increased by 648%, from 297,768 pounds in 1996 to 1,857,287 pounds in 2016, an increase of 1,559,518 pounds, or 6,498 pounds per month. That's about ￡200 a day.
Meanwhile, good commuting conditions, driven by the London market, have sent first-time buyers rushing to these areas. The pound gained 0.39 percent against the dollar to close at 1.2465 on continued positive sentiment after a recent flattening of UK industrial orders showed the strength of the manufacturing sector continued to gain momentum, easing earlier concerns about weaker UK retail sales. With its unique location and favorable market environment, London is still an excellent choice for investment.
At the beginning of this year, Wanguo Land and Hurun jointly issued a white paper titled "Prospects for Overseas Property Purchase by Chinese High Net Worth Customers in 2017", which also pointed out the serious shortage of real estate in the UK and the rise of house prices, and made expectations for the future trend of real estate. In 2016, the UK's overall housing market still showed a steady upward trend. Although affected by the "Brexit" referendum, the growth rate of the house price in the UK real estate market showed a short-term trend of decline in July, but then the house price quickly recovered to a stable growth, which is largely due to the shortage of houses in the UK, resulting in a long-term shortage in the UK real estate market. On the other hand, the British pound has fallen to a 31-year low against the dollar due to the "Brexit" and slow macroeconomic growth, and is expected to fall further, which has stimulated the interest of overseas investors in "bargain hunting" British property.
Average house prices in England rose 9.2% in August 2016, led by a 13.3% rise in the east of England. This is partly because London's high prices have forced buyers to look to nearby cities. On the other hand, the east and south-east of England, with its high number of universities, have attracted overseas investors who want to invest in property for their children's education, driving up local house prices. London remains the most expensive city in the UK.
In the year to August 2016, the average price of a home in London was 489,000 pounds, 2.2 times the national average. In terms of rents, the average monthly rent in London fell slightly compared with the same period in 2015, while the average rent across the UK, excluding London, rose 5.2 per cent year-on-year. The analysis believes that the main reason for this phenomenon is the "tax increase" house purchase policy issued by the British government in April 2016. Many investors rushed to buy properties ahead of the policy, spurring a temporary increase in property transactions in Britain. Canary Wharf, in particular, is favored by many investors because of its superior location.
Today, Canary Wharf has developed into a business complex of about 52 hectares with more than 30 high-rise buildings, six parks, and more than 200 restaurants and shops. It is also a major financial and business center in Britain and Europe. In the high-rise Canary Wharf, you can find the headquarters, branches or offices of almost all the commercial banks in the world, such as HSBC, Citibank, Standard Chartered Bank, etc. It is not only a center of finance and commerce, but also a place where you can enjoy the most advanced education. There are also colorful and extraordinary art exhibitions regularly held here to meet all your needs of the city.
Housing prices in and around Canary Wharf, in the heart of the West Indian docks in London's Docklands area, are soaring thanks to years of improved transport and urban development. Prices in Canary Wharf rose 9.2% over the past year, far outpacing increases in prime central London (2.8%) and prime outer London properties (4.5%). The average price of a property in Canary Wharf is 600 to 750 pounds (60,000 to 75,000 yuan /m) per square foot, and the price of a residential tower in the area is 1,000 pounds (100,000 yuan /m2) per square foot. The average price of a flat is 250,000 to 320,000 pounds (2.5 million to 3.2 million yuan). Canary Wharf Group is also about to embark on the next phase of its massive development, which is expected to bring an additional 110,000 people to work and live in the area, while the publication of the White Paper is also expected to see a sharp rise in new homes being built in and around the area, no doubt adding fresh impetus to house price growth.
Wanguo Land plans to hold a UK property briefing in two weeks and will release a preview of the event. Please follow Wanguo Land's official wechat account and sincerely invite you to visit us.
Prime apartments in Canary Wharf, London
Project introduction:
London is Britain's political, economic, cultural, financial center and the world famous tourist resort, there are a large number of scenic spots and museums. London is a diverse metropolis with people from all over the world, a melting pot of races, religions and cultures. More than 300 languages are spoken.
The prime apartments in Canary Wharf benefit from the transport links between the West End and Canary Wharf, and the location is extremely convenient. Just 7 minutes from Canary Wharf and 8 minutes from London Bridge (London City transport hub). It has a boutique school district, surrounded by the University of Greenwich, London School of Economics and Political Science, Queen Mary College, University of Westminster, City University of London, University of East London, King's College London, University College London and other elite schools.
This weekend!
The latest trend of real estate in Australia and Canada, seize the last bus of American immigrants,
At the Land of Nations Exposition!
When overseas asset allocation has gradually become a conversation among high net worth people, when "going out" has become a universal global behavior and rational investment, "safety" has become the most concerned issue for high net worth clients. As one of the leading overseas real estate authorities in China, Wanguo Land has a deep understanding of the needs of high net worth clients through years of experience in providing asset allocation programs to clients with high net worth assets. In view of the impact of the New Deal after Trump took office on immigration recently, as well as the rampant growth of the Australian property market and even the trend of the Canadian property market, Wanguo Land offers weekend mini salons that use professional data analysis and personalized solutions tailored to the specific problems of our customer base.
This weekend, Wanguo Land will hold different types of small salon lectures and feedback activities for new and old customers in Beijing, Shanghai and Shenzhen. Details are as follows:
Beijing Railway Station
Event Theme: "Australian Project Special Presentation"
Main lecture project: Melbourne Vanguard, an iconic building in the rich area
Vanguard is located in Malvern, a famous affluent area of Melbourne. The region has a unique cultural atmosphere. Immigrants from different countries gather here, forming a unique regional culture and architectural characteristics. The Vanguard Boutique Apartment area is well located within a mature commercial and residential area and close to the Waverley Road commercial belt comprising the Caulfield Campus of Monash University and the Caulfield Shopping Centre.
The whole building of Vanguard is fully equipped with noble and luxurious style. There is not only a gym, spa and sauna, sun deck, changing rooms, bathing rooms and toilets, outdoor lounge area, barbecue facilities, outdoor dining area, but also wine refrigeration facilities for residents, multimedia rooms, VIP banquet rooms, president's lounge, business center, library.
The lobby front door is supervised by professional property management personnel, top facilities, luxurious decoration, for you to create the supreme excellence of the rich life.
Vanguard boutique apartment is convenient and accessible. It is located in Marlven East and adjacent Caulfield, both within bus range of Caulfield Train Station, and is only 250 metres from Vanguard. Walk for about 100 meters to Balaclava tram station and take tram Line 3 to Caufield or St Kilda districts. Bus No. 624 goes directly to Kew and bus No. 900 goes to Rowville. About 3km north of Vanguard is the M1 Monash motorway.
Malvern area is also known as the commercial capital, with world quality shopping environment. Chapel Street, the city that never sleeps, High Street, Glenferrie Road, the city shopping street that gathers the world's top commodities, and Malvern Shopping Center are all gathered here, which are familiar shopping centers for people living in Melbourne.
In addition to enjoying the unique natural beauty of Australia, Malvern is surrounded by 6 large gardens, golf club and tennis centre. The best blend of nature and humanity is achieved in Malvern.
Speaker Jack Cao: Chief trainer/Investment strategy planner/Gold medal lecturer of Australian real estate industry/founder of T&S system
Since 2007, he has been engaged in the real estate industry. In 2012, he founded T&S sales and training system, which is the only training institution in Melbourne with this system. We have successfully trained more than 1000 real estate sales elites throughout Melbourne, and now they have become the backbone sales force in the international arena. As the strongest Chinese real estate training instructor in Melbourne history, he has provided training to dozens of well-known real estate companies, with real estate sales exceeding AUD 5 billion. In 2015, he led the team to achieve remarkable results in China, Australia and the Asia-Pacific region. As a recognized authoritative lecturer in the Australian real estate industry, he is often invited to travel between China and Australia to conduct project training and sales training for large overseas real estate sales agencies in China and Australia.
Time: 13:00 -- 18:00, February 25, 2017 (this Saturday)
Location: Beijing (please refer to the registration channel for the specific address)
Activity registration: If you are interested in participating in the activity, you can sign up by leaving a message on Wanguo Land's official wechat background in the form of [name + contact information + area to participate in the activity]
Shanghai railway Station
Event theme: "Wanguo Land Global Asset Allocation Seminar" -- Canada only
Project: SEASONS, North York City, Canada
Toronto, Canada's economic hub, has seen a decade of solid housing price growth, with a whopping 12.9% increase in the first half of 2016! The vacancy rate is as low as 1.8%, making it hard to find a home in either the market for buying, selling or renting. The annual rental return is as high as 5% to 6%, with monthly rental rates starting at 1,600 for a one-room, 2,600 for a two-room and 3,200 for a three-room. At the same time, lending rates remain the lowest in the world's mainstream developed regions, only 2% to 3%.
North York, located in the very center of Toronto, has a long history and profound heritage, gathering Toronto's most prestigious residential area - Bridle Path(horse trail). Concord Park Place, located in this excellent location, has become a new gathering point for real estate investment. SEASONS, inspired by world-renowned palatial design, is located in the mature community of Tyking Castle, North York's new luxury production with a palatial location among millions of mansions.
It is only a 5-minute drive to Yonge Street, the central axis of Toronto, and just a 20-minute drive to downtown Toronto. It is close to Highway 401, which runs east-west through Toronto, and the Don Valley Parkway, which runs north-south through Toronto, to the north.
Around the city, there are also prestigious schools with a long history and elite programs.
TorontoFrench School(TFS), located a few minutes' drive south of the city, is one of the top 10 private schools in Toronto. This school, which is bilingual in English and French, offers courses from kindergarten to Grade 12. The school also has IB(International Baccalaureate), which is the most popular course among Chinese parents. Here, children can feel a very quiet learning environment and complete first-class high-quality education.
Sign up for the weekend if you are interested in the program
Speaker: Daisy Hu, Representative of China developers of Xieping Expo Group
Years of experience in overseas real estate sales, especially familiar with the real estate market in Toronto, Vancouver, Canada and Concord's current development projects, assisted in participating in nearly 100 special lectures on Canadian real estate across the country, assisted several clients to successfully complete the whole transaction process.
Time: 13:00 -- 18:00, February 26, 2017 (this Sunday)
Location: Shanghai (The specific address can be obtained through the registration channel)
Activity registration: If you are interested in participating in the activity, you can sign up by leaving a message on Wanguo Land's official wechat background in the form of [name + contact information + area to participate in the activity]
Shenzhen station
Theme: Interpreting the New Deal for immigrant Investors in the Trump era
Main lecture project -- Palm Springs Luxury Hotel Project
As one of the most popular places to invest and live in the United States, Los Angeles is favored by investors around the world. Under the background of continuous economic recovery, employment growth and rising housing rents, overseas investors will welcome new investment opportunities in the Los Angeles real estate market. The Palm Springs area, known as the backyard garden of Hollywood stars and the paradise of the President of the United States, is one of the most attractive areas in the desert. The Rancho Mirage area is so beloved by celebrities that even Barack Obama chose it as his first post-presidency residence.
Palm Springs is one of the most unique and historic hotels in the United States. Located in the Coachella Valley of the Colorado Desert, Palm Springs is an oasis city beside the desert. It has world-class golf courses, luxury malls and expensive nursing homes, Palm Desert, Indian Wells and La Quinta. In recent years, Coachella in Palm Springs has gained a global reputation for its famous Coachella music festival. Coachella and the Desert Journey Music Festival have attracted hundreds of thousands of fans each year. This has contributed to an annual growth of nearly 30% in Coachella tourism. If you can invest in a hotel real estate project here, it seems to be an excellent choice.
The United States Palm Springs luxury hotel project launched by Wanguo Land has attracted the keen attention of overseas investors since its launch. As the flagship project of Wanguo Land, the project itself has the advantages of super high regional investment value, outstanding partner, local government support, absolutely competitive project quality, rich and stable income guarantee, which makes the project become the most concerned project of Chinese investors in the United States at the opening.
The 190,000 SQM Palm Springs Luxury Hotel will offer 80 villas and 156 apartments; The project includes exhibition, entertainment facilities, two restaurants, SPA center, pool center, gym and other infrastructure supporting facilities, which can meet the needs of clients for business activities and family vacations. At the same time, the Palm Springs luxury hotel project as can absorb EB5 immigrants has its project advantages, although the immigration company on the market is doing the project is 5 years repayment, but in fact, the 5 years is five years after getting the green card, in fact, before the conditional green card stage of 2 years also need to be counted, the real repayment is 7 years.
However, after the Palm Springs luxury hotel project is officially put into operation, the client can reach the income. For the client, it is a project with a very good launching mechanism.
Speaker: Wang Bo, Manager of International Project Department of Wanguo Land Shenzhen
Project Manager, International Projects Department, Wanguo Land. He graduated from Nanjing University and MBA from the University of Hong Kong. Before joining Wanguo Land, he worked in an investment bank and has rich experience in overseas real estate investment.
Time: 13:00 -- 18:00, February 25, 2017 (this Saturday)
Location: Shenzhen City (please refer to the registration channel for the specific address)
Activity registration: If you want to participate in the activity, you can register in the official wechat background of Wanguo Land in the form of [name + contact information + area to participate in the activity]
Overseas property = universal land
As the leading overseas real estate authority in China, Wanguo Land has accumulated rich and detailed market data through years of overseas real estate investment consulting experience, and is well aware of the real investment needs of home buyers. Therefore, the company has gathered more than 15 countries and 25 regions of high-quality real estate developer resources, footprint has been across North America, Europe, Asia, Oceania and South America, and in New York, London, Madrid, Sydney, Vancouver, Kezhou Island and other cities set up branch offices or reception agencies.
At the same time, Wanguo Land will also enter into strategic cooperation with AMA, a famous project management company in the United States, and plan to develop 7 real estate projects in the United States, becoming the first Chinese overseas real estate investment consulting enterprise involved in overseas development. Wanguo Land hopes to provide customers with more customized services in the future, so it engages in overseas real estate development, in order to create a diversified one-stop service system for customers, including product customization, wealth management, immigration, housing construction and property management.
