3/11/2017-8

British fund holdings of commercial love warehouse warehouse

British commercial buildings, British homeland funds but love the surrounding London industrial land or warehouse. Investment Fund of the British Fund Aberdeen Standard means that as online shopping and electronic payment become more prevalent, the demand for industrial land and warehouses has risen sharply and become the largest real estate project in the past 18 months.

Aberdeen Standard Investment Management British real estate fund manager George Shaw said in an interview in London, the British property transparency, liquidity, legal perfect is the best choice for diversified investment, coupled with the referendum after the Brexit, the pound appeared about 12% The drop means that most buyers have a 10% discount, increasing the attractiveness of London’s commercial buildings and attracting a large number of Asian investors who love “bricks and mortar" to invest offshore.

Aberdeen standard: online shopping prevalence warehouse demand increased

He admitted that overseas funds, especially Asian funds, are in favor of investing in central London properties. They love to buy and sell large shopping malls, commercial buildings and skyscrapers, such as the Leadenhall Building. However, his real estate funds have actually reduced the downtown area in the past six months Commercial projects, holdings of large-scale industrial outside the city center.

He explained that the spending habits of online shopping and e-payment have changed the entire property market in London and the popularity of Clicks and Bricks, which is based on the online and offline business model, has led him to prefer large appreciation potential to large industrial sites around central London or Warehouse.

“Whether it’s local or international e-commerce or traditional retail, there is a need to set up distribution centers or warehouses to dispose of consumers’ online shopping supplies, leading to a shortage of large-scale industrial sites or warehouses outside the city center of London." He said that the price of industrial land has been rising , So that the average return of related projects up to 4.5%, not worse than the downtown commercial return.

After the Brexit from the United Kingdom last year, many British real estate funds are under redemption pressure. The real estate projects managed by George are no exception. He said after the exit of the EU, investors would rather value the liquidity of their funds when they chose real estate funds. As a result, the fund sold many properties to increase liquidity, raising cash levels to 22% from 15% before the Brexit.

, while the underground lobby features a full marble design, providing a total of four passenger lifts to divert the floor to help divert the flow of people.

Public parking is available

The property has a rare parking lot in the building, providing parking space for the self-driving car. The location is close to the Cross Harbor Tunnel. It is only about 10 minutes’ walk from Causeway Bay MTR and also easily accessible to Wan Chai. Bus, And trams and other public transportations readily available, regardless of the district are quite convenient.

Jaffe Road, a lot of restaurants and shops, daily diet and shopping can be solved in the vicinity. Operators may also choose to go to Causeway Bay or Wan Chai to have more shops to choose from.

From the property to Wan Chai waterfront and the exhibition area is also very convenient, with a footbridge connecting Sun Hung Kai Center, walk about 10 minutes to reach the Convention and Exhibition area, the future of the center line after the completion of the more convenient access to the area.

The sale of property transactions is small, mainly due to the lack of release plate, the current building only a plate unit. About 2 transactions were recorded this year at a price ranging from $ 10,000 to $ 13,500. The most recent transaction was a low rise building B with an area of ​​1,670 square feet, with a conversion of $ 22.25 million at a price of $ 13,500.

Leasing was more active with about 3 transactions recorded this year, ranging from $ 23 to $ 26 per square foot. At present, there is no leasing unit in the building. The leasing of 1 building in June is a low-rise B-room unit with an area of ​​1,670 square feet. It is rented for $ 43,800 and is leased at $ 26 per square foot.