{"id":3131,"date":"2017-08-04T07:00:16","date_gmt":"2017-08-04T06:00:16","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=3131"},"modified":"2017-08-04T07:00:16","modified_gmt":"2017-08-04T06:00:16","slug":"london-popular-asian-buyers","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-us\/2017\/08\/04\/london-popular-asian-buyers\/","title":{"rendered":"London popular with Asian buyers"},"content":{"rendered":"<p><strong>According to international property company JLL, Hong Kong buyers were the biggest investors in UK property during the first quarter of the year.<\/strong><\/p>\n<p>JLL\u2019s report, Global Capital Flows \u2013 Q1 2017, stated that UK property transaction volumes were at their highest level for two years, mostly due to <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/05\/02\/brexit-wont-stop-asia-investing-uk\/\" target>Asian buyers making the most of the opportunity<\/a> to snap up British properties at a discounted cost.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"QiNfyiz8Xv\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/10\/18\/northern-powerhouse-creating-property-investment-hotspots\/\">How the Northern Powerhouse is creating property investment hotspots<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;How the Northern Powerhouse is creating property investment hotspots&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/10\/18\/northern-powerhouse-creating-property-investment-hotspots\/embed\/#?secret=kYN8S6h8MU#?secret=QiNfyiz8Xv\" data-secret=\"QiNfyiz8Xv\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>\u201cWith the sterling depreciation and slight drop in capital values, Asian investors \u2013 particularly private buyers from Hong Kong and China \u2013 have been the most <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/07\/18\/britains-rents-increased-1-1-yearly-dropped-london\/\" target>active in London<\/a> since last year&#8217;s Brexit vote,\u201d commented David Green-Morgan, JLL&#8217;s head of research for global capital markets. <\/p>\n<blockquote><p>\u201cThe depreciation and capital values drop means that UK commercial real estate is now discounted by 16% on average to overseas capital since the June 2016 referendum. The net yield of city prime buildings is also very attractive.\u201d<\/p><\/blockquote>\n<p>Buyers from Hong Kong spent almost \u00a32.3 billion on UK property during the first quarter of the year. The most popular properties for this demographic were offices located in the <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/07\/25\/people-leaving-london-live-somewhere-else\/\" target>City and West End of London<\/a>.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"NOg5PbOIou\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/10\/11\/will-sterling-flash-crash-affect-britains-housing-market\/\">How will the sterling flash crash affect Britain\u2019s housing market?<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;How will the sterling flash crash affect Britain\u2019s housing market?&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/10\/11\/will-sterling-flash-crash-affect-britains-housing-market\/embed\/#?secret=zZc01CICjN#?secret=NOg5PbOIou\" data-secret=\"NOg5PbOIou\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>American property was also popular with Asian investors, stated JLL.<\/p>\n<p>\u201cIn line with recent trends, Asian buyers were among the most active investors in the US, with investors from Singapore, Japan and China driving most activity,\u201d added Green-Morgan. <\/p>\n<blockquote><p>\u201cInvestors from Singapore and Japan acquired offices in New York, Boston and Washington DC, as they renewed their focus on core assets in global gateway cities.\u201d<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>According to international property company JLL, Hong Kong buyers were the biggest investors in UK property during the first quarter of the year. JLL\u2019s report, Global Capital Flows \u2013 Q1 2017, stated that UK property transaction volumes were at their highest level for two years, mostly due to Asian buyers making the most of the<a class=\"excerpt-read-more\" href=\"https:\/\/www.buyassociationgroup.com\/en-us\/2017\/08\/04\/london-popular-asian-buyers\/\" title=\"ReadLondon popular with Asian buyers\">&#8230; Read more &raquo;<\/a><\/p>\n","protected":false},"author":1069,"featured_media":5462,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[12],"tags":[250,88,277,340,11],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/posts\/3131"}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/users\/1069"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/comments?post=3131"}],"version-history":[{"count":0,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/posts\/3131\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/media\/5462"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/media?parent=3131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/categories?post=3131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/tags?post=3131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}