Explaining this ‘unusual’ step in client relations to the press, HSBC revealed that this rapid rise in interest has occurred as a result of the commercial property market bottoming out.
Now offering appetising property prices at 50% below their 2007 values, in the last week alone HSBC has helped 17 anonymous investors to purchase a £141.7 million office and restaurant building in Washington.
Not surprisingly these ‘off-market’ syndicates are already proving to be incredibly popular…
Following this success, private banks have announced their plans to create similar syndicates in New York, Boston and London where property investors can remain anonymous to each other whilst generating substantial incomes from rent and capital growth over the next 5 years.
Other funds of a similar type have also been set up over the last few years to help accumulate millions of pounds in funds so property investors can more easily secure a sale on bargain properties.
Yet this sudden increase in commercial demands has created a supply/demand shift in recent months which has prompted renewed property price increases. According to CBRE, the commercial property market witnessed returns of 3.9% in December whilst their capital values rose by 3.3% in one month.
Original Article
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Jatinder Singh, Property Mentor Delegate
After years of watching others earn large capital gains from property, I knew reading about this niche wasn't enough to satisfy my curiosity, I needed to get MY slice of this strong investment vehicle too. That was x years ago and since then I have managed to: invest in 2 properties (one with a £60,000 saving); earn consistent £1,000+ monthly cash flows, and have got a couple more properties waiting in the pipeline. Read more
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