There’s growing evidence that investors based in Hong Kong, Singapore and Taiwan are showing more of an appetite for UK property.
Indeed, Shojin, an online real estate investment platform, has seen a 35% increase in Asian investors over the past year.
It estimated that the online real estate investment market will grow from $15 billion to $800 billion by 2027
Jimmy Leung, chief executive of Shojin Asia, said: “UK property ticks all the right boxes for foreign investment, particularly for investors that have seen the value of their investments in Asia’s stock markets plummet this year.
“We are seeing significant growth from Hong Kong, Singaporean family offices and private funds. Asian investors are keen to back a lot of the opportunities available across the UK property market, from residential (PRS), student accommodation (PBSA), warehousing and hotels.”
The London-headquartered company has doubled its Hong Kong team in the past 12 months, while it has grown its UK team by 40% in the same period, making hires across its finance, marketing and investor relations teams.
Shojin markets itself as a company that lowers the barriers to entry for individuals across the globe looking to access institutional-grade, UK-based real estate investment opportunities.
The company has offices in Hong Kong, East Africa, and joint venture partnerships with real estate investment platforms in the UAE, India, and Israel, and others launching this year.
The firm enables fractional investing in real estate developments while providing middle-market developers with a source of junior finance.