AfrAsia Bank welcomed around 150 professionals and clients to a property investment-focused evening on Thursday 10 May 2018 at the Hennessy Park Hotel, Ebene. Expert from IP Global, a Hong Kong-based property investment company, delivered an informative seminar on the global real estate investment market and the key drivers underpinning the international property investment. IP Global also showcased their latest Global Real Estate Outlook (GREO) 2018, in which 17 global residential property markets were evaluated including London, Berlin, Bangkok and many other top-rated cities.
IP Global has built an excellent track record of matching investors with high-quality real estate developments, with over USD2.8 billion invested across 30 markets worldwide. The demand for international property is still very strong as investors favour property as an asset class for a number of reasons - it is a tangible asset that consistently delivers stable returns and helps to diversify their investment portfolios, whilst giving exposure to foreign currencies. George Radford the Head of Africa and guest speaker at the conference stated: “Investment in real estate remains incredibly popular and as an asset class is poised to continue its strong growth with the rise of new markets. Over the years and with our broad industry expertise, we’ve become highly proficient in unlocking the investment potential within the world’s real estate markets. We help our clients make the potential of investing in property abroad a reality, and a successful part of their personal wealth strategies.”
According to the GREO report, although London remains amongst the most competitively priced cities in the world with an expected rental growth to increase by a further 16.4 %, England’s Northern cities have emerged as a strong contender in the property market. Cities like Manchester, Liverpool and Leeds offer promising rental yields for investors in the buy-to-let market. Elsewhere in Europe, Berlin continues to present itself as a promising destination for property investors too with an expected target of nearly 400,000 new residents by 2030.
“Real estate has always been an attractive asset class. Our report on global wealth, released earlier this month, confirms this trend, indicating clearly that the HNWIs continue to invest in multiple countries and markets for more diversification. We wish to maximize on this opportunity to be the ultimate facilitator between real estate opportunities and financing solutions, while creating the most advantageous capital structure for our clients, said Sanjiv Bhasin, CEO of AfrAsia Bank.
The ability of the Bank to deliver personalized solutions is through its deep understanding of the clients’ needs and organizing value-added, engaging interactions reinforce their commitment to achieve excellence in client experience as explained by Yogesh Gokool, Senior Executive – Head Global Business. “This seminar is about AfrAsia providing a value addition to its Clients; leveraging on IP Global’s expertise in helping investors diversify their portfolio through residential property investment,” he further added.