Real Estate Investor Magazine South Africa April 2016 | Page 55

Interview with James Glew, of Inventure Property Projects Visit REIM TV for more in depth investment insights. So after all of these graphs what does it mean for property. While London has been very successful at growing brand “London” they have been less successful in building homes to supply to this ever growing market of tenants and home owners. London is simply not able to keep pace with demand for homes, and at the same time has to deal with geographical constraints as the London metro area is actually quite small. These factors ensure that the supply demand graphs remain very favorable for investors that have acquired property in London. A recent global survey shows that private wealth is very active in real estate with 45% investing more than a fifth of their wealth in direct property holdings. In the same survey 67% of high net worth clients want to www.reimag.co.za buy more real estate in North America and 63% want to increase their holdings in the United Kingdom. In terms of the type of property sought after 72% of respondents want to acquired residential property. London’s continued growth and diversity set it apart from other world cities, particularly western cities whereby populations are shrinking. London continues to act as a magnet for human capital and this combined with all the factors discussed ensure that it will continue to have a competitive edge and develop and grow. All factors that are critical to capital growth and stability for property investments. RESOURCES Inventure Properties APRIL 2016 SA Real Estate Investor 53