Its now more than three and half years since the EU Referendum and we are still living in a period of uncertainty. In fact, uncertainty has now become the new certainty.

Against the backdrop of political uncertainty, JLL has identified six fundamental certainties which shape the UK housing market. These certainties sit alongside our positive housing market forecasts for the next five years.

Our Living with 2020 Vision research will help you through this period, navigating residential real estate with operational and insight-led insight. Brexit may be dominating headlines in UK but overseas property investors have no reason to be worried. Whatever the outcome of the Brexit negotiations, their impact on residential markets will be negligible at worst, with a strong likelihood of being very favorable to international buyers.

 

JLL’s Residential Forecasts will help you through this period of constant change offering valuable insight on:

- Brexit, domestic politics and the UK’s future economic performance

- House price growth, housebuilding and housing transactions

- Where developers and investors should focus their capital

- Policy shifts affecting First Time Buyers through to Seniors

- Changing housing preferences and the role of BTR/Multifamily

- How technology will change UK Living

- Climate crisis and its impact on UK Living

 

To learn more, please download the report now!

Download Report

02 Dec 2019

With the British pound at a 31-year low, there are immediate advantages to investing in the UK market. The currency exchange means you can get a lot more for your money. Add to that low interest rates, and the supply/demand imbalance and the returns on investment look promising, thanks to stable home prices and rentals.

You can start earning a rental income immediately by buying secondary stock.

So, what should you look for when buying a completed property?

•     Length of lease – check this is reasonable. Over 100 years is acceptable.

•     Age of building – remember that while a completed property may not be in the same pristine condition as a new one, you will be able to add equity by renovating to improve its condition.

•     Organise your finances – having an Agreement in Principle arranged with your bank or mortgage lender will put you in a stronger position than other buyers as you will know how much you can borrow, without affecting your credit score.

•     Service charge - this is often lower with an older property, potentially increasing the investment yield. 

•     Resale potential – consider the property’s aspect and view and how it may be impacted in future as this will affect its value. This is easier to judge when a property is completed and can be viewed, and is a very important consideration in areas like Canary Wharf.

•     Move quickly once you’ve put an offer in.

Investment Opportunities

Unison, Churchway, London, NW1

-             One-bedroom apartment

-              6/F, 506 sq ft,

-              Price from £720,000

-              Great location in Zone 1, only 3 minutes’ walk to Euston station and a short walk to Regent’s Park

-              Close to University College London and the British Library

-              Excellent rental investment opportunity or for use as a pied-a-terre

Horizons Tower, Yabsley Street, London, E14

-             Stunning two-bedroom apartment with two bathrooms

-              6/F

-              Price from £600,000

-             Balcony with excellent view

-              Private residents’ gym

Craig Tower, Aqua Vista Square, London E3

-             One-bedroom apartment

-              570 sq ft

-              Price from £350,000

-             Courtyard and canal views

-              Situated in trendy Bow, minutes from Canary Wharf’s financial centre

-              Apartments are finished to the highest standard

-              Currently let for 1 year

For JLL International Residential Property listings, please click here.

For more information on investing in overseas homes, visit our dedicated webpage, or contact us at +852 3759 0909 / irp.hk@ap.jll.com or click here for enquiries. 

15 Oct 2019

有意購買已完工的英國物業?
英鎊跌至31年低位。以本國貨幣計算,英鎊的價格變得低廉,令投資英國立即變得便宜。英國目前的低利率,以及供求失衡,加上投資回報理想,令樓價及租金平穩發展。

你可購買二手物業從而立即賺取租金收入。不過,購買已完工的物業有甚麼值得注意的地方?

•     租約期 – 超過100年是合理水平。

•     樓齡 – 已完工的物業未必如新樓一樣完好如新,你或需要加添設施或裝修單位,改善物業的環境。

•     財務計劃 – 與銀行或按揭提供者達成原則協議,有助你了解自己的貸款額,同時不會影響信貸評級。

•     服務費 – 樓齡較大的物業一般較低,因此有利增加回報。

•     轉售潛力 – 考慮物業的坐向及景觀,以及未來會否改變。這樣會影響物業的價值。已完工的物業可以實地考察,這對金絲雀碼頭等地區的物業非常重要。

出價後就快速行動

投資機會

Unison, Churchway, 倫敦, NW1

-             一房單位

-              位於6樓,面積506平方呎

-              售價720,000英鎊起

-              位置倫敦第一區的優越位置,只需3分鐘步程即可前往尤斯頓站,攝政公園近在咫尺

-              鄰近倫敦大學學院及大英圖書館

-              提供優越租務回報或用作第二住宅

Horizons Tower, Yabsley Street, 倫敦,E14

-             兩房單位及有兩間浴室

-              六樓

-              售價600,000英鎊起

-             附設露台,外望開揚景觀

-              住客專用健身室

Craig Tower, Aqua Vista Square, 倫敦 E3

-             一房單位

-              570 平方呎

-              售價350,000英鎊起

-             庭院及運河景觀

-              位於堡區內,金絲雀碼頭一帶的金融中心近在咫尺

-              單位質素達最高水平

-              目前已出租1年

請按此查詢仲量聯行的海外住宅物業資料

如欲索取海外住宅物業的資料,請查看專用網頁,亦可致電+852 3759 0909 ,電郵至irp.hk@ap.jll.com或按此查詢。

15 Oct 2019

2020年奧運會將於東京舉行。東京目前已大力準備,當地的住宅市場前景,預料會受惠於旅遊業興旺而變得樂觀。強勁的資產升值、穩定的租務回報、日圓疲弱以及有利可圖的市道,吸引國際投資者來日本置業。

日本國土交通省的資料顯示,2017年1月,日本整體物業價格比去年同期上升百分之4.7。另外,東京的住宅單位價格,至2017年首季尾的過去一年內,上升了百分之3.1。

仲量聯行港區董事兼國際住宅物業服務主管黃嘉欣認為,海外買家可考慮在東京置業,因為可以帶來豐厚回報。她說:「日本銀行負利率措施,加上疲弱的日圓,可為海外投資者帶來不俗回報。」

羅兵咸永道的研究顯示,目前的吸引力在於物業及資產成本的利差。除了以低利率借款投資物業外,銀行只有少量投資選擇。

入住率高企及穩定的租金回報,為投資者提供了穩定收入。涉谷是東京中央五個區域中最貴重的地段,其物業回報更是可觀。涉谷獲譽為日本的矽谷,是國內科技企業的集中地。東京都是其中一個日本政府提出的國家戰略特區,計劃下的區域正面臨快速轉變。大型辦公室及零售物業重建,將帶領該區成為主要的商業及零售用地。

日本總務省的資料顯示,自2010年至2016年,涉谷有最高的名義工資增長,連帶提高了購買及租用東京中部高質物業的需求。

為應付需求,涉谷不少新建設已經動工,最快預料於2020年落成。

按此查看仲量聯行國際住宅物業的資訊。

如欲投資海外物業,請查看有關網頁,或聯絡黃嘉欣

15 Oct 2019

2020 will be here before we know it—and with it, Tokyo will welcome the Olympic Games. As the city looks forward to hosting the event, with all the tourism benefits it will bring, Japan’s housing market remains upbeat.

Strong capital appreciation, stable rental yields, a weakening yen, and buoyant demand continue to attract international investors to buy Japanese homes.

Japan’s overall residential property price index rose by 4.7% in January 2017 from the same period last year, according to the Ministry of Land, Infrastructure, Transport and Tourism (MLIT).

In Tokyo, existing condominium units’ average prices rose by 3.1% during the year to end-Q1 2017, according to the Land Institute of Japan (LIJ).

That’s why Mandy Wong, Head of International Residential Property Services at JLL Hong Kong, believes international buyers should consider what investing in Tokyo could mean for them.

“The Bank of Japan’s negative interest rate policy, coupled with the relatively weak yen, means that overseas investors can make substantial returns," she says.

The current appeal lies in the positive yield spread between real estate assets and the cost of capital. Banks are left with few investment alternatives than to lend to real estate at “ridiculously cheap” rates, according to research from Price Waterhouse Cooper Asia Pacific.

High housing occupancy levels and stable rents offer investors a steady income stream, with returns looking especially promising on properties in areas such as Shibuya, the wealthiest of Tokyo’s five central wards.

Shibuya is being heralded as Japan’s Silicon Valley, attracting demand from the country’s fast-evolving tech industry. Designated a “national strategic special zone”, it is now is undergoing rapid change. Large office and retail redevelopments are re-establishing it as a major business and retail centre.

Shibuya enjoyed the highest nominal wage growth from 2010 to 2016, according to data from Ministry of Internal Affairs Japan. In turn, this increase in earnings is expected to drive demand for purchasing and renting higher quality housing in central Tokyo.

To meet that demand, several new residential developments are already under construction in Shibuya, with some expected to launch to the market as soon as 2020.

For JLL International Residential Property listings, please click here.

For more information on investing in overseas homes, visit our dedicated webpage, or contact Mandy Wong

15 Oct 2019

JLL has recently formalised a strategic alliance with CORE, a leading Manhattan residential real estate brokerage firm. The JLL/CORE alliance will focus on the sale of to-be-built residential condominium units to buyers in Asia through JLL’s long established International Properties group.  

Founded in 2005, CORE is a forward-thinking brokerage firm providing “a boutique, full-service consulting platform for agents and developers to grow and strengthen their businesses.”   Since its establishment the firm has grown to encompass over 170 real estate professionals and staff, with New York offices in Chelsea, Flatiron, Union Square, Madison Avenue and Brooklyn. CORE has overseen the sale of more than thirty new development projects – resulting in over $5bn in sales to date.

As the global market leader, JLL’s International Property team has the strongest global relationships with the most active investors seeking these residential investment opportunities. Through weekend exhibitions, cocktail receptions, and personal meetings, our broker network has a proven track record of selling off-plan residential units to foreign investors. As an ever-increasing number of foreign investors seek residential opportunities in key U.S. markets, the expansion of our services into the New York City market will allow us to deliver opportunities to those investors. The new partnership will also allow JLL and CORE to provide advisory services directly to developers as they contemplate pre-construction design metrics such as unit size, bedroom count and amenities. 

Spearheaded by JLL Vice President Gavin Morgan, the alliance between JLL and CORE will combine our institutional approach with CORE’s proven expertise in residential brokerage, to offer a service which is otherwise unavailable in the New York City market.

“Such a mutually beneficial arrangement between CORE and JLL provides a win-win for both of our firms’ respective clients. We now have unrivalled, market leading access to Asia’s largest pool of buyers, married to New York’s best access to new developments in  Manhattan, Brooklyn, Queens and New Jersey,” says Morgan.  “Our uniquely collaborative culture also enables us to leverage relationships both sides of the Pacific to ensure maximum exposure in Asia to the best purchasing opportunities in New York City.”

If you are interested in learning more about this new dimension of our Investment Sales business or know of a developer that would benefit from a unique approach to capturing foreign demand for residential units, please contact Gavin Morgan.

15 Oct 2019

Manchester, often considered Britain’s second city behind London, is undergoing something of a revival, with amenities to match its rival in the south. £800 million has been invested in Manchester’s Airport City and £110 million in The Factory, an impressive theatre and arts facility worthy of West End performances. So it was perhaps only a matter of time before the city also sought to replicate one of London’s most fashionable addresses and develop the “Mayfair of Manchester”.

Built on eight hectares surrounded by the River Irwell, the Castlefield conservation area and Manchester city centre, St. John’s – a new development from Allied East – hopes to live up to the name it was given in an original design brief.

Mark Elliott, Associate Director with JLL's International Residential Property Servicesteam, believes the moniker is justified, likening the development to an opportunity to “buy in Mayfair in 1990.”

With the likes of Soho House already expressing interest in the project, he says it won’t be long until the other big players of the London scene start to take hold of the opportunities to open boutiques, bars and Michelin-star restaurants. “Once that begins to happen the money will start to flow in and in turn there will be large appreciation upon investments,” Elliott adds.

JLL’s UK Residential Research team expects house prices in the North West of England to increase over the next five years, building on 5.5% growth in Manchester in the twelve months to the end of Q2 2016. “These are the locations where scale on a per asset basis is easier to achieve,” explains Adam Challis, Head of UK Residential Research in a recent investment report, “Into the Mainstream”. With investors seeking to diversify their portfolios and increase return-on-investment, UK cities outside of London are becoming ever-more appealing.

But for many buyers, lifestyle is increasingly important too, and by forging a community around its residential units, St. John’s aims to integrate itself into the fabric of its city long-term and offer its residents enriching experiences. They will also have a choice of spaces to fit their individual lifestyles, from low-rise apartments to penthouses, lofts and high-rise living.

 The expected establishment of workspaces of all sizes, commercial workshops, retail outlets, cafés and studios, will transform the area into an attractive destination for a youthful, technologically savvy demographic to both do business and unwind.  “By encouraging entrepreneurs, innovative companies, artists and designers to develop their craft within the development and then to engage with the wider community,  St. John’s will stimulate local economic growth and that in turn will lead to higher returns on investment,” says Elliott.

“There is an opportunity here, but it will not be available for long,” he warns. “Buy in now to be part of one of the most exciting, but under the radar, regeneration projects in the UK.”

For more information about St John’s or investing in UK Property, contact Mark Elliott.

15 Oct 2019

 

曼徹斯特常視為英國僅次於倫敦的最大城市。該市現時更有不少建設,改善設施以媲美南部的勁敵。主要工程有斥資8億鎊擴建曼徹斯特機場,以及價值1.1億鎊,落成後成為藝術及戲劇表演場地的The Factory。看來曼徹斯特要複製倫敦最時尚的地段,建立自己的梅費爾區,只是時間問題。

 

St. John’s是 Allied London的最新的發展項目,面積達到8公頃,受艾威爾河、Castlefield保護區,以及曼徹斯特市中心包圍。發展商希望項目能夠達致最初設計原意,並符合, St. John’s的名聲。

 

仲量聯行國際住宅物業服務部副董事 Mark Elliott相信,項目的名稱是合理的,認為與於1990年購下梅費爾區一樣。

 

私人俱樂部Soho House已表達了對項目的興趣。Mark Elliott認為,倫敦的大企業於不久的將來到當地開設精品店、酒吧及米芝蓮餐廳。他說: 「只要有建設進行,資金就會湧入,資產很快就會升值。」

 

仲量聯行英國住宅研究部估計,英國西北部住宅價格未來5年會上升。曼徹斯特的樓價直至2016年第二季,於過去12個月上升了百分之5.5。英國住宅研究部主管 Adam Challis於最近名為Into the Mainstream 的報告中表示,這些地點中的每項資產,較容易獲合比例的回報。

 

投資者希望增加不同的投資組合,以及夫高回報,令倫敦以外的英國城市變得更吸引。

 

對買家而言,生活模式同樣重要。St. John’s於單位附近設立社群,旨在將整個項目融入於社群當中,豐富居民的日常生活。為切合買家的需求,項目提供低密度單位、豪華頂層單位、公寓及高層單位。

 

不同大小的辦公室、商用作坊、零售舖位、咖啡室及工作室等,將會整個區域改造,吸引充滿活力及掌握先進科技的年青人創業及享受悠閒。Mark Elliott表示,St. John’s鼓勵項目內的企業家、創科公司、藝術家及設計師展開事業,以及與外面的社群交流,將刺激本土經濟增長及帶動投資回報。

 

 

不過,他警告說機會不會持久,惟目前仍是英國最令人振奮的項目。

 

15 Oct 2019

仲量聯行最近與美國紐約的豪宅經紀公司CORE結盟。開發東亞市場,憑藉仲量聯行海外物業團隊的經驗,協助CORE向亞洲買家出售新開發項目。CORE於2005年成立,是一家提供全面咨詢服務的豪宅經紀公司,為經紀及發展商提供平台,開拈合作機會。CORE的規模已擴展至170名員工,於紐約切爾西區、熨斗區、聯合廣場、麥迪遜大道及布魯克林區都有辦公室,曾經銷售超過30個新項目,銷售額達到50億美元。

 

仲量聯行是全球市場的領先者,其海外物業團隊與全球各地最活躍的投資者建立良好關係,為他們尋找住宅物業投資機會。我們的經紀透過周末展銷會、雞尾酒會及私人聚會,為外國投資者提供樓花項目,成績優秀。愈來愈多外國投資者對美國住宅物業市場感興趣,我們在紐約擴張業務後,將為投資者帶來機會。今次的合作,更為發展商提供咨詢服務,就發展項目的單位面積、戶型及設施等提供意見。

 

聯盟由仲量聯行副主席莫家文帶領,結合仲量聯行的制度及CORE的專業知識,就紐約市場夫提供獨特的見解及服務。

 

莫家文表示:「今次的合作是雙贏方案。我們在亞洲區有龐大的買家網絡,同時涉足紐約皇后區、曼哈頓、布魯克林區及新澤西的新項目,為亞洲區的買家提供機會,尋找大平洋對岸的投資機會。

 

如有意了解更多今次合作的詳情,以及發展商如何因獨有的合作模式而吸引海外買家,請聯絡莫家文。

 

 

15 Oct 2019