Endersby: after the Brexit there are no signs of the British property market suffering
Top Real Estate Group (TREG) is pleased to launch new projects across some of the UK’s booming cities, outside London. Following various visits and studying the local markets, TREG have identified UK hotspots for investment and will be showcasing these during The Kuwait International Property Show during 7th – 12th November 2016, Kuwait International Fairs Ground, Mishref Hall 8. Project locations will include; Manchester, Liverpool, Birmingham and Basingstoke, Said Adrian Endersby, TREG business development manager/ UK and Europe.
A lot of talk in recent months has been about Brexit and the impact this may have on the UK economy. At present there are no signs of the British property market suffering, as some had feared it might if the UK voted to leave. Overseas property buyers are buying UK property in huge volumes since the shock decision for the UK to leave the EU.
Real Estate brokers in the UK have been swamped with enquiries from Chinese, Middle Eastern and European buyers, looking for bargains after the pound tumbled to more than 20 year lows, making the exchange rate very favorable for foreign investors.
During the exhibition, Top Real Estate Group (TREG), working as an exclusive agent for Seven Capital and Knight Knox, in both Kuwait and Qatar, continue their successful relationship, by showcasing exclusive properties across the UK.
Seven Capital have gone from strength to strength in the last 12 months, having successfully sold out their 12th project in Birmingham. They are now looking to expand their portfolio in key locations outside of Birmingham, such as their latest project; Churchill Place in Basingstoke. With just a 40 minute commute to London and in a prime city center location, it attracts the interest of both local and international investors.
Birmingham continues to get the world's attention as an attractive investment location, with key banks moving to the city, such as HSBC and RBS. The new High Speed link to London (HS2) will mean Birmingham is just 43 minutes to London, changing the way business is conducted between the two cities. Given the level of investment into the City of Birmingham, Seven Capital continue to invest personally and have a large pipeline in Birmingham, with over 2000 apartments to be sold over the next 6-9 moths. TREG are pleased to announce that they will continue working alongside Seven Capital, who has now opened offices in Dubai, due to the high demand from the GCC region.
Other projects on show during the exhibition are within Liverpool and Manchester, seen as the powerhouse of the North. Both of these locations have gone from strength to strength in recent years as investment has poured into the North West, both from inside the UK and from direct foreign investment.
Greater Manchester is the fastest growing region in the UK, seeing significant economic and population growth. This is matched by the housing market which is growing exponentially. Property investment into Manchester is booming and there has never been a better time to invest in the city. Today the greater Manchester area makes up the UK’s premier buy to let hotspot. The enthusiasm of the many young professionals and graduates moving to the region is matched by that of the property investors keen to take advantage of the excellent yields and capital appreciation on offer.