Real Estate Investor Magazine South Africa May 2016 | Page 52

UK INVESTMENT

Manchester
Property
Same market, new city
BY GILES BESWICK

A

s South African property investors continue
to move more of their money to the UK, why
are fewer choosing to invest in London?
When it comes to overseas investment, South
Africans have turned to UK property for generations.
Returns in a rand-hedging currency. A diverse
range of products in a market with a track record of
producing high returns for investors. British bricks
and mortar has long been established as a popular
choice for an investor community looking to balance
domestic volatility with a portfolio-diversifying
asset. Indeed the majority (36%) of South Africans
with international property declared the UK as their
preferred des