“May you live in interesting times”, so goes the supposed
Chinese anti-proverb. The implication being that ‘interesting’ is the direct
opposite of stable, harmonious and peaceful.
And indeed these are interesting times. Political upsets on both
sides of the Atlantic have rocked stock markets and funds. Meanwhile disputes
in the Middle East and the emergence of US shale have led to fluctuations in
global energy prices, with knock on effects for domestic economies around the
world. And with enquiries ongoing into possible ties between President Trump
and the Russian state, and Brexit negotiations about to begin in earnest in
Europe and the UK, the uncertainty shows no signs of abating. Elsewhere,
tensions continue to rise in the Middle East as both the Saudis and Iran accuse
each other of being the weak link in the fight against global terrorism.
Another often misattributed piece of Chinese wisdom however
states that crisis and opportunity are but two sides of the same coin. So,
where does the savvy investor look to grow their wealth in these interesting
times?
One investment which brings long-term growth, regardless of
political and economic fluctuations, is property, and luxury property in
particular is becoming a key investment option for high-net worth individuals
from across the world. Recent data from Christies International Real Estate
reveals that the luxury property market is currently at record levels and, for
the first time, the world’s top ten reported property sales were all priced
above $100 million1. And with property investment funds promising
double digit returns on luxury investments2, combined with a
dwindling number of dividend paying shares available3 to would be investors, it’s easy to
see why the market is booming in an era where interest rates and returns on
savings around the world remain subdued.
The question for most investors is not therefore, should I
invest in luxury property, but rather, where to begin? With everywhere from
Toronto to Hong Kong pitching itself as the next luxury property hotspot, where
can an investor learn about the market?
A good place to begin would be the Luxury Property Show this
October at the Olympia Conference Centre, London. The show, now in its 10th year, consistently attracts the movers
and shakers from the luxury property world who can help guide an investor to
making the right choice. Likewise, attending the show can save an investor
countless hours and air-miles as they’ll be able to get detailed insights into
potential properties ranging from mountain and lake retreats in Northern Europe
to luxury loft apartments in New York, via beachfront homes in Dubai.
Alongside insights into luxury properties and property markets
around the world, the show also gives potential investors unparalleled
opportunities for networking with fellow investors and property consortiums as
well as access to a full programme of seminars aimed at seasoned investors, as
well as those who are new to the market.
Eddie Sikora, Director, the Luxury Property Show, said: “The
luxury property market has enjoyed significant growth in recent years as
investors have used property as a hedge against global risk and uncertainty.
Beyond this however, investing in luxury property is a statement, and a symbol
of prestige and success, hence we have seen an unprecedented number of sales
over the last year topping the $100 million mark.
“Nevertheless, it’s a complicated market. Investors need to
consider not just all the usual things that come with purchasing a property,
but also other key questions such as ‘where is the next property hotspot’ and ‘what
geo-political dynamics could impact the investment over the medium and
long-term’. With many investors now coming to see key western markets such as
London and New York as being saturated, these questions are ever more important
for potential investors.
“The Luxury Property Show presents an opportunity for investors,
developers and the real estate community to come together to discuss the key
trends and issues and, more importantly, to match those looking to invest with
the right property for them.”
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The Luxury Property Show runs from 27th – 28th October at the London Olympia.
For further information about the show and opportunities to
either exhibit or visit, head to http://www.theluxurypropertyshow.com .
To arrange an interview or comment from Eddie Sikora, please
contact Liam Thompson at lthompson@sks-london.co.uk or on +44 (0) 7890 315 537, or via http://sks-of-london.com .
To reserve your FAST complimentary advanced tickets, please
visit: http://lps.sksmediauk.com/
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Bib:
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Luxury Property Show Key Sponsors:
FX: Foremost Currency Group:
Currency Exchange specialists with over 12 years expertise in supporting
property agents and clients with their overseas property purchase or sale. https://www.foremostcurrencygroup.co.uk/
Platinum: The
Resident. http://www.theresident.co.uk/
Registration: Corcoran
Group https://www.corcoran.com/
Delegates: SKS
Media http://sks-of-london.com
Silver: Mayfair
International http://www.mayfairinternationalrealty.com/
Silver: Quinton
International https://www.quintoninternational.com/
Silver:
Andermatt Swiss Alps http://www.andermatt-swissalps.ch/en/
Media: International Property
& Travel http://ipropertymedia.com/