International Property - a solid
investment?
“May you live in interesting
times”, so goes the supposed Chinese anti-proverb. The implication being that
‘interesting’ is the direct opposite of stable, harmonious and peaceful.
And indeed these are
interesting times. Political upsets on both sides of the Atlantic have rocked
stock markets and funds. Meanwhile disputes in the Middle East and the
emergence of US shale have led to fluctuations in global energy prices, with
knock on effects for domestic economies around the world. And with enquiries
ongoing into possible ties between President Trump and the Russian state, and
Brexit negotiations about to begin in earnest in Europe and the UK, the
uncertainty shows no signs of abating. Elsewhere, tensions continue to rise in
the Middle East as both the Saudis and Iran accuse each other of being the weak
link in the fight against global terrorism.
Another often misattributed
piece of Chinese wisdom however states that crisis and opportunity are but two
sides of the same coin. So, where does the savvy investor look to grow their
wealth in these interesting times?
One investment which brings
long-term growth, regardless of political and economic fluctuations, is
property, and luxury property in particular is becoming a key investment option
for high-net worth individuals from across the world. Recent data from
Christies International Real Estate reveals that the luxury property market is
currently at record levels and, for the first time, the world’s top ten
reported property sales were all priced above $100 million1. And
with property investment funds promising double digit returns on luxury
investments2, combined with a dwindling number of dividend paying
shares available3 to would
be investors, it’s easy to see why the market is booming in an era where
interest rates and returns on savings around the world remain subdued.
The question for most investors
is not therefore, should I invest in luxury property, but rather, where to
begin? With everywhere from Toronto to Hong Kong pitching itself as the next
luxury property hotspot, where can an investor learn about the market?
A good place to begin would be
the Luxury Property Show this October at the Olympia Conference Centre, London.
The show, now in its 10th year,
consistently attracts the movers and shakers from the luxury property world who
can help guide an investor to making the right choice. Likewise, attending the
show can save an investor countless hours and air-miles as they’ll be able to
get detailed insights into potential properties ranging from mountain and lake
retreats in Northern Europe to luxury loft apartments in New York, via
beachfront homes in Dubai.
Alongside insights into luxury
properties and property markets around the world, the show also gives potential
investors unparalleled opportunities for networking with fellow investors and
property consortiums as well as access to a full programme of seminars aimed at
seasoned investors, as well as those who are new to the market.
Eddie Sikora, Director, the
Luxury Property Show, said: “The luxury property market has enjoyed significant
growth in recent years as investors have used property as a hedge against
global risk and uncertainty. Beyond this however, investing in luxury property
is a statement, and a symbol of prestige and success, hence we have seen an
unprecedented number of sales over the last year topping the $100 million mark.
“Nevertheless, it’s a
complicated market. Investors need to consider not just all the usual things
that come with purchasing a property, but also other key questions such as ‘where
is the next property hotspot’ and ‘what geo-political dynamics could impact the
investment over the medium and long-term’. With many investors now coming to see
key western markets such as London and New York as being saturated, these
questions are ever more important for potential investors.
“The Luxury Property Show
presents an opportunity for investors, developers and the real estate community
to come together to discuss the key trends and issues and, more importantly, to
match those looking to invest with the right property for them.”
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The Luxury Property Show runs
from 27th – 28th October at the London Olympia.
For further information about
the show and opportunities to either exhibit or visit, head to http://www.theluxurypropertyshow.com .
To arrange an interview or
comment from Eddie Sikora, please contact Liam Thompson at lthompson@sks-london.co.uk or on +44 (0) 7890 315 537, or via http://sks-of-london.com .
To reserve your FAST complimentary
advanced tickets, please visit: http://lps.sksmediauk.com/
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Bib:
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Luxury Property Show Key Sponsors:
FX: Foremost Currency Group:
Currency
Exchange specialists with over 12 years expertise in supporting property agents
and clients with their overseas property purchase or sale. https://www.foremostcurrencygroup.co.uk/
Platinum: The
Resident. http://www.theresident.co.uk/
Registration: Corcoran
Group https://www.corcoran.com/
Delegates: SKS
Media http://sks-of-london.com
Silver: Mayfair
International http://www.mayfairinternationalrealty.com/
Silver: Quinton
International https://www.quintoninternational.com/
Silver:
Andermatt Swiss Alps http://www.andermatt-swissalps.ch/en/
Media: International Property
& Travel http://ipropertymedia.com/