Upload
cori-jackson
View
216
Download
0
Tags:
Embed Size (px)
Citation preview
Bezier, London EC2
October 2010
Why London?
Why London?
– One of the Worlds great cities
– World financial centre
– Sophisticated, dynamic and safe
– Gateway to Europe and the World
– Easy to buy, sell and let
– Welcomes international buyers
Why London?
University City
– Highest concentration of
universities in the world
– 40 Universities / institutes
of higher education
– Over 400,000 students
– Worlds top colleges
University College London (4)
Imperial College (5)
London School of Economics (6)
Kings College (23)
Why London?
One of the World’s
great medical centre’s– Over 50 hospitals
– Harley Street consultants
– Worlds top hospitals
Great Ormond Street
Royal London Infirmary
Guys Hospital
Moorfield Eye Hospital
– Top Global financial centre
– 320,000 people employed
– Largest concentration of
‘high earners’
– Centre of the legal profession
Why London?
‘The Square Mile’
Why London now?
– Safe haven status
– Lack of good quality stock
Why London now?
Why London now?
Prices have stabilised
UK house price forecastSource: Knight Frank Residential Research
-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
2007 2008 2009 2010 (f) 2011 (f) 2012 (f) 2013 (f) 2014 (f)
UK
Greater London
Prime central London
Why London now?
Strong rental demand
-
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
1,000,00019
90
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
New households
Completions
New households (forecast)
Completions (forecast)
Cumulative households and completions, LondonSource: Communities & Local Government (CLG)
Why London now?
Strong rental demand
YieldsSource: Knight Frank Residential Research
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
Mar
-95
Sep
-95
Mar
-96
Sep
-96
Mar
-97
Sep
-97
Mar
-98
Sep
-98
Mar
-99
Sep
-99
Mar
-00
Sep
-00
Mar
-01
Sep
-01
Mar
-02
Sep
-02
Mar
-03
Sep
-03
Mar
-04
Sep
-04
Mar
-05
Sep
-05
Mar
-06
Sep
-06
Mar
-07
Sep
-07
Mar
-08
Sep
-08
Mar
-09
Sep
-09
Mar
-10
Prime Central London Residential
City Offices
West End offices
Why London now?
Solid investment opportunity
Historic total returns by assetSource: Investment Property Databank & Knight Frank Residential Research
-10%
-5%
0%
5%
10%
15%
20%
All Property Retailproperty
Officeproperty
Industrialproperty
Equities Gilts Inflation UKresidential
PrimeCentralLondon
residential
Annualised over 3 years Annualised over 5 years Annualised over 10 years Annualised over 20 years
Source: Knight Frank Residential Research, IPD
Why London now?
Solid investment opportunity
Historic patterns of total returns (national level)Source: Investment Property Databank
-30.0%
-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%19
81
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
Retail Office Industrial Residential
Why London now?
Olympic effect
Potential impact of the Olympics on house price growthSource: NSW Department of Housing, the Real Estate Institute of Australia, the Bank of Greece, the US Office of Federal Housing Enterprise Oversight, the Bank of Spain, the Centre d'Estudis Olympic
0%
20%
40%
60%
80%
100%
120%
140%
1992 Barcelona 1996 Atlanta 2000 Sydney 2004 Athens Average
5 yr % increase host city 5 yr % increase host nation
Bezier London, EC2
Thank you