Real Estate Investor Magazine South Africa April 2016 | Page 55
Interview with James Glew,
of Inventure Property Projects
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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
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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
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