{"id":2141,"date":"2017-01-16T07:00:47","date_gmt":"2017-01-16T07:00:47","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=2141"},"modified":"2023-09-27T11:43:56","modified_gmt":"2023-09-27T10:43:56","slug":"chinese-inquiries-manchester-property-50","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-gb\/news\/chinese-inquiries-manchester-property-50\/","title":{"rendered":"Chinese inquiries into Manchester property up by over 50%"},"content":{"rendered":"<p><strong>Investment inquiries from China into Manchester property have increased by more than half as excitement about the Northern Powerhouse initiative continues to grow.<\/strong><\/p>\n<p>Juwai.com is a Chinese online property portal for buyers looking to invest in property overseas and it has stated that in November the amount of Chinese interest in <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/12\/06\/manchesters-revival-leading-norths-property-explosion\/\" target=\"\" rel=\"noopener\">Mancunian property<\/a> has increased by 53.8%, compared to the same month in 2015.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"Nzux0okrkV\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/11\/15\/meet-four-projects-manchester-wants-see-chinese-investment-going\/\">Meet the four projects Manchester wants to see Chinese investment going into<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Meet the four projects Manchester wants to see Chinese investment going into&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/11\/15\/meet-four-projects-manchester-wants-see-chinese-investment-going\/embed\/#?secret=8LmIidYNNp#?secret=Nzux0okrkV\" data-secret=\"Nzux0okrkV\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>At the same time, Manchester Airport Group has doubled its estimate of the value to the local economy of direct flights from Beijing to Manchester, the Telegraph reports.<\/p>\n<p>The group states that, ten years from now, the economic impact of Chinese visitors to the region will be worth \u00a3500m, doubling the current value.<\/p>\n<p>The Manchester-China Forum, a group promoting commercial ties between the two places, estimated that in 2016 a total of \u00a32.1bn worth of development have had Chinese involvement.<\/p>\n<p>One of the biggest projects of the year was by Beijing Construction Engineering Group\u2019s (BCEG\u2019s) involvement in the Middlewood Locks in Salford, worth \u00a3700m and providing 2,215 homes.<\/p>\n<p>Mr Whalley said:<\/p>\n<blockquote><p>The property sector has been one of the most active recipients of growing connectivity between China and the UK\u201d<\/p><\/blockquote>\n<blockquote class=\"wp-embedded-content\" data-secret=\"52hBHIH0ad\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/10\/29\/manchesters-attraction-east-chinese-investors\/\">Manchester\u2019s attraction to the east\u2026 and Chinese investors<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Manchester\u2019s attraction to the east\u2026 and Chinese investors&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/10\/29\/manchesters-attraction-east-chinese-investors\/embed\/#?secret=wvitJyr0Jd#?secret=52hBHIH0ad\" data-secret=\"52hBHIH0ad\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Part of the reason for this increase is <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/10\/26\/trains-trams-motorways-greater-manchesters-greatest-expansion\/\" target=\"\" rel=\"noopener\">Manchester\u2019s future growth<\/a>, as it plans to add 227,000 homes and 200,000 jobs by 2035. It was also prompted after President Xi Jinping toured Manchester in October 2015.<\/p>\n<p><strong>Only months later, in December, a Chinese company decided to buy the pub that the President drank in.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investment inquiries from China into Manchester property have increased by more than half as excitement about the Northern Powerhouse initiative continues to grow. Juwai.com is a Chinese online property portal for buyers looking to invest in property overseas and it has stated that in November the amount of Chinese interest in Mancunian property has increased<a class=\"excerpt-read-more\" href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/news\/chinese-inquiries-manchester-property-50\/\" title=\"ReadChinese inquiries into Manchester property up by over 50%\">&#8230; Read more &raquo;<\/a><\/p>\n","protected":false},"author":1069,"featured_media":4557,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[42],"tags":[177,77,66,17],"class_list":["post-2141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regeneration","tag-chinese-investment","tag-manchester","tag-manchester-property","tag-property-investment"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/2141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/users\/1069"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/comments?post=2141"}],"version-history":[{"count":1,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/2141\/revisions"}],"predecessor-version":[{"id":6096400,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/2141\/revisions\/6096400"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media\/4557"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media?parent=2141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/categories?post=2141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/tags?post=2141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}