PROFILE
on offer at One Crown Place will attract interest from various global markets ,” says Bryant .
“ The barrier to entry for investing in London is also much lower than other countries popular with Asian investors , such as Australia ,” adds Robinson , “ In addition , there ’ s also a trend for Asians to acquire retirement homes or properties to finance their children ’ s education in Britain .”
For foreigners looking to invest in London , there are a variety of reasons that do so much more than just sweeten the deal , Bryant explains : “ These include its robust economy ; London accounts for 13 percent of the UK ’ s population , but 23 percent of its GDP .”
“ There are 8.67 million people living in London , of these 1.8 million rent and 70,000 earn over £ 100,000 , which shows the depth of the high end rental market . The UK also has a very transparent legal structure which protects property owners .”
London therefore offers a heady combination of factors which contribute to its position as real estate gold mine for Asian investors . Combining high economic performance and world-class amenities ( well worth the 13 hour flight from Changi Airport ), alongside a healthy demand for high-end real estate , London presents the close to ideal investment environment .
But how are international companies making sure that all this potential isn ’ t going to waste ? “ As a global property firm , CBRE works on a wide range of similar projects , and the combined expertise of the CBRE teams will ensure it continues to work on large scale mixed-use schemes in the future ,” Bryant explains .
One Crown Place Nestled in London ’ s historic Sun Street conservation area , One Crown Place consists of 246 private apartments , a boutique hotel , 140,000 square feet of premium office space and retail units totalling 7,000 square feet .
An additional level of character is provided in the form of the last remaining Georgian terrace in the area , which has been restored to contain a clubhouse for the residents and the onsite boutique hotel . The site is also a stone ’ s throw from the City ’ s top universities and financial district . The development is ideally placed for local transport links , within five
10 July 2017