{"id":26079,"date":"2016-09-14T18:29:46","date_gmt":"2016-09-14T11:29:46","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-brexit-hong-kong-investors-still-favour-london\/"},"modified":"2016-09-14T18:31:28","modified_gmt":"2016-09-14T11:31:28","slug":"what-brexit-hong-kong-investors-still-favour-london","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-brexit-hong-kong-investors-still-favour-london\/","title":{"rendered":"What Brexit? Hong Kong investors still favour London"},"content":{"rendered":"


\nProperty developers in the British capital report continued strong interest from Chinese SAR investors
\nWestminster, central London. 1000 Words\/Shutterstock
\nHong Kong investors are still prioritising London real estate despite post-Brexit anxiety, reports the South China Morning Post.
\nCrest Nicholson London revealed to the post that it closed more transactions with Asian buyers in the weeks following the June referendum than the six months before it. Trevor Selwyn, managing director for the housebuilding company in London, says that \u201cthings are pretty much back to normal again\u201d months after Britons voted to leave the European Union. \u201cIt is a bit more cautious, it\u2019s a bit more relaxed.\u201d
\nIn addition, CBRE\u2019s China desk in London reported visits by an average of five Chinese delegations, consisting of developers and investors, a week throughout the summer. The firm has seen GBP1.5 billion (USD1.981 billion) in Chinese transactions this year so far, with \u201cseveral other deals in the pipeline,\u201d according to Richard Zhang, who heads the desk.
\nMore: Sell Hong Kong real estate stocks if Trump wins, fund manager advises
\n\u201cDespite the uncertainties following the referendum, we still believe there are no other cities in the EU that compare with London,\u201d Zhang says.
\nSelwyn, on the other hand, noted that Hong Kong \u201cproduces the best results,\u201d justifying its decision to promote its new luxury development Brandon House in the Chinese SAR over Singapore.
\nHong Kong is expected to benefit from the reconfiguration of ties between the UK and its Asian trading partners post-Brexit. In a scorecard created by Bloomberg Intelligence economists to gauge the Asian economies with the strongest bilateral ties to Britain, Hong Kong ranked second, next only to Japan and above mainland China. Singapore, on the other hand, was rated sixth.
\nImmediately after the Brexit referendum in June, Chinese international property portal Juwai.com recorded a 75 percent increase in interest from Hong Kong buyers in British real estate.
\nRead next: Billionaire developer flummoxed by Hong Kong land prices
\n
\nSource : property-report.com
\nRead more…What Brexit? Hong Kong investors still favour London<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Property developers in the British capital report continued strong interest from Chinese SAR investors Westminster,...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-26079","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-6MD","jetpack-related-posts":[{"id":63114,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-investors-take-advantage-of-depressed-pound-to-swoop-on-london-property\/","url_meta":{"origin":26079,"position":0},"title":"Hong Kong investors take advantage of depressed pound to swoop on London property","date":"August 8, 2017","format":false,"excerpt":"\r Hong Kong investors are increasingly taking advantage of a pound weakened by concerns over Brexit to snap up properties in the UK capital, , according to industry observers. \u201cFirst of all, the Chinese government has tightened the outflow of capital and in addition some of these Chinese investors are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25933,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/business-as-usual-say-london-property-firms-as-hong-kong-investors-continue-to-favour-uk-capital\/","url_meta":{"origin":26079,"position":1},"title":"\u2018Business as usual\u2019, say London property firms as Hong Kong investors continue to favour UK capital","date":"September 13, 2016","format":false,"excerpt":"\r Forget Brexit doomsday prophecies and stamp duty rises \u2013 London property developers reported continued strong interest by Hong Kong and mainland buyers in the UK capital.\r \r Source : South China Morning Post\r Read more...\u2018Business as usual\u2019, say London property firms as Hong Kong investors continue to favour UK\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17710,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-investors-cash-in-on-brexit\/","url_meta":{"origin":26079,"position":2},"title":"Hong Kong property investors cash in on Brexit","date":"June 25, 2016","format":false,"excerpt":"\r An 11 per cent fall in the British pound after the stunning Brexit result has aroused further \u00adChinese interest in buying London investment properties.\r \r Source : South China Morning Post\r Read more...Hong Kong property investors cash in on Brexit","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57248,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/top-five-properties-in-london-perfect-for-hong-kong-investors\/","url_meta":{"origin":26079,"position":3},"title":"Top five properties in London perfect for Hong Kong investors","date":"June 8, 2017","format":false,"excerpt":"\r Hong Kong\u2019s wealthy property investors have always preferred buying super cool London properties as the UK is considered a safe investment for its transparency and right of law. Now a combination of factors such as a weaker British pound and the Brexit have given impetus to Hong Kong buyers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57472,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-property-does-not-get-vote-of-hong-kong-investors-after-election-shock\/","url_meta":{"origin":26079,"position":4},"title":"London property does not get vote of Hong Kong investors after election shock","date":"June 10, 2017","format":false,"excerpt":"\r Uncertainty arising from the British general election appears to have rubbed off on Hong Kong property investors. Fewer people than expected turned up on Saturday for the first London property exhibition held in Hong Kong since the election on Thursday, which saw the Conservative Party of Prime Minister Theresa\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-property-is-still-top-for-chinese-buyers-with-a-few-differences\/","url_meta":{"origin":26079,"position":5},"title":"UK property is still top for Chinese buyers, with a few differences","date":"February 1, 2017","format":false,"excerpt":"\r China\u2019s HNWI continue to snap up London real estate at the lowest prices in a decade London\u2019s still got it, but the areas outside the cookie cutter are seeing more Chinese interest. Image: emka74\/Shutterstock With a population of 1.4 billion, China presents a huge opportunity for UK property investment.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/26079"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=26079"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/26079\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=26079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=26079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=26079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}