Middle Eastern investment contributed to IP Global's successful sales of London stock
Wandsworth Town Centre, Holland Road and Parsons Green Lane attracted particular interest from UAE investors
Most projects were over 80% sold out within weeks of launching
IP Global's London private equity products offer great ROI
United Arab Emirates, Dubai, 6 March 2013 - IP Global, a leading property investment company specialising in securing prime investment opportunities in 20 emerging and developed markets around the world, today releases its latest London property stock performance figures.
Traditional Central London properties have always been popular and performed well, and most IP Global projects in 2012 were 80% sold out within a few weeks of launching, with many sales being made from the Middle East. Middle Eastern investors are known to favour the "Golden Postcodes" of Mayfair, Belgravia, Knightsbridge and Chelsea. However, IP Global has recently been advising Middle Eastern investors to explore projects in other less well-known London boroughs, such as Camden, Islington, Wandsworth and Hammersmith and Fulham. 50% of the units sold in Parson Green Lane, 47.50% in Wandsworth Town Centre, 40% in Holland Road, and a third of all units sold in Tavistock Crescent were sold to UAE investors.
Paul Preston, Director and Head of IP Global, Middle East said: "There has also been a huge amount of interest from GCC-based investors in Maida Vale and Westminster, and we are trying to convert those into sales at the Sutherland Avenue and Eastcastle Street projects. The impressive performance of IP Global's London stock last year, with a significant contribution from the Middle East offices towards this, gives up great optimism for 2013 and we are looking forward to announcing upcoming London projects soon."
For investors, who do not want to invest in a single property, but still want a slice of the 'London pie,' as a safe haven for investment, IP Global have been offering private equity products, two of which were sold out before launch. In 2011 there were the London student accommodation projects which performed strongly working on IP Global's strategy of investing only in properties that have shown proven returns in key areas, for example King's Cross, Islington, Southwark and Lambeth. At the end of 2012 and beginning of 2013, IP Global had a successful coupon project, which comprised of two central London projects, in Islington and Wandsworth, with enviable returns of 11.5% payable quarterly over an 18 month period.
IP Global at a Glance
IP Global was established in Hong Kong in 2005 and has a worldwide presence with offices in Hong Kong, Singapore, Shanghai, China, Dubai, Kuala Lumpur and London. It provides unique property investment opportunities for its multimarket client base. IP Global is led by industry veteran, founder and CEO, Tim Murphy. IP Global's team of dedicated property consultants' provide a personal service working directly with investors to deliver continuous efficiency at every level of the chain. IP Global's multinational team of dedicated international property consultants' intricate understanding of global property markets ensures that unique and valuable real estate investment opportunities are sourced. IP Global has successfully invested in more than 19 markets globally, with total assets under management exceeding USD900 million.
Sophie Toh| Laura Westmacott
TOH Public Relations
04 3828 900
sophie@tohpr.com
laura@tohpr.com
www.tohpr.com
© Press Release 2013
