Luxury Real Estate Blog and News
PropGOLuxury.com is pleased to report on the finest projects from this year's MIPIM Asia Property Exhibition in Hong Kong. Featuring luxury projects from Asia and the World and taking note of the strengthening appetite of the Asia Pacific & Mainland China's appetite for global property market. >> Click Here to See a Preview of this Special Report The recent trend of Mainland Chinese using international luxury property as an alternative investment vehicle to diversify their portfolios and 'offshore' capital from the mainland. A strengthening RMB (under continued pressure to appreciate against the $USD) coupled with depressed global luxury property prices, and acting as catalysts to spur further international luxury property purchases by China's most affluent.
26 October 2010 - Hamptons International, one of the UK’s premier residential agents, has expanded into Asia with the opening of an office in Hong Kong. The move follows several successful property exhibitions this year and will see the company introduce a range of new UK developments to the Asian market before the end of the year. The Hong Kong office has been set up to provide the UK and international developer clients of Hamptons International an investment sales capability in the Asia Pacific region, while also offering unique and pre-qualified residential investment opportunities to Asia-based purchasers. Over time, the office will also operate a Sales and Lettings function for the local Hong Kong market and will expand its operations throughout Asia Pacific. Matthew Tack, Investment Director at Hamptons International, commented on the office opening: “With the strength of China and regional South East Asia driving significant investment in London real estate over the past three years, the majority of London developers are now including Asia as a key part of their sales strategy.
For the fourth year, MIPIM Asia will welcome more than 400 of the world’s major investors wishing to broaden their property portfolio in Asia Pacific. From November 18 to 20, a series of high-end conferences, networking events and business meeting opportunities will help international investors find the right partners to develop their portfolios in the Asia Pacific region.