????海外房地產(chǎn)投資愈來愈受歡迎,，皆因中國股市波動(dòng),，驅(qū)使大中華區(qū)散戶投資者尋找更穩(wěn)定的投資。最近三周內(nèi),，盡管中央政府官員試圖阻止指數(shù)下滑,，但上證綜合指數(shù)依然下跌約30%。

????在英國,，尤其是倫敦,，長(zhǎng)久以來看到很多來自中國的投資。英國房地產(chǎn)咨詢公司第一太平戴維斯指出,，中國買家僅在2014年已豪擲33.2億美元投資英國首都的房地產(chǎn)市場(chǎng),。時(shí)至今日，中國高凈值投資者投資日趨多元化,，遠(yuǎn)離投資價(jià)格過高的倫敦房地產(chǎn),，轉(zhuǎn)而在英國二線城市尋找更好的投資價(jià)值。

????英國政府刺激伯明翰等主要二線城市的經(jīng)濟(jì)增長(zhǎng),，以支持中國高凈值投資者的投資,。因此，來自亞洲的精明投資者期望能在當(dāng)?shù)胤康禺a(chǎn)發(fā)展的早期階段作出投資,。但投資成功的關(guān)鍵,，是他們必須利用自身對(duì)當(dāng)?shù)厥袌?chǎng)的了解來抓住合適的投資機(jī)會(huì)。,。

????而亞洲發(fā)展商對(duì)此有深入了解,，故被亞洲投資者聘用來管理他們于英國的房地產(chǎn)投資。此類的發(fā)展商深諳亞洲文化和習(xí)俗,，同時(shí)了解英國當(dāng)?shù)厥袌?chǎng),，有助替亞洲投資者找到合適的投資機(jī)會(huì)。

????中國投資者尤其需要這類合作伙伴來確保其在英國等海外市場(chǎng)的投資得當(dāng),。中國合格境內(nèi)個(gè)人投資者(QDII2)計(jì)劃將進(jìn)一步促進(jìn)此類需求的增長(zhǎng),，因?yàn)樘囟ㄈ耸靠蛇x擇投資價(jià)值達(dá)其國際金融資產(chǎn)總值一半的項(xiàng)目進(jìn)行投資，譬如房地產(chǎn)等,。

????那么當(dāng)中國投資者投資英國等海外市場(chǎng)時(shí),，他們需要注意什么呢,？他們要注意當(dāng)?shù)囟愂占胺伤鶐淼挠绊懀皹?gòu)思恰當(dāng)?shù)慕M合,，同時(shí)確保所獲的機(jī)會(huì)能同時(shí)反映他們個(gè)人的風(fēng)險(xiǎn)概況及收益要求,。另外，他們亦要確保當(dāng)?shù)赜羞m合的合作伙伴去搜羅這些機(jī)會(huì),，從開始到完成時(shí)能適當(dāng)?shù)剡M(jìn)行項(xiàng)目管理,，并定期更新及提供項(xiàng)目每個(gè)階段的信息。

????“The Franklin”項(xiàng)目乃遠(yuǎn)離倫敦進(jìn)行投資多元化的最新例子,。該座現(xiàn)代建筑風(fēng)格的綜合大樓=位于伯明翰,，提供79間公寓。萊坊已于香港開售「The Franklin」,，該項(xiàng)目由英國當(dāng)?shù)匕l(fā)展商Court Collaboration與總部設(shè)于香港及代表其亞洲投資者的凱卓發(fā)展（Headland Developments）共同開發(fā),。

????愈來愈多來自大中華地區(qū)的投資者選擇穩(wěn)定的投資而轉(zhuǎn)投英國，他們需與值得信賴的發(fā)展商合作,，減低投資風(fēng)險(xiǎn),。于建設(shè)、發(fā)展及資金管理方面擁有良好記錄,，并擁有強(qiáng)大的當(dāng)?shù)匕l(fā)展伙伴網(wǎng)絡(luò)的亞洲發(fā)展商,，將成為中國投資者海外投資的不二之選。

????作者John Gunning ([email protected]) 及Paul Hill ([email protected]) 分別為凱卓發(fā)展的董事總經(jīng)理及投資經(jīng)理,。

????Overseas property investments are again increasing in popularity as China’s stock market swings drive retail investors in Greater China to look for more stable investment alternatives. The Shanghai Composite Index recently fell approximately 30% over three weeks as central government officials tried to halt the slide in values.

????The United Kingdom, in particular London, has historically seen a lot of investment from China. In 2014 alone Chinese buyers splashed out US$3.32 billion on real estate in the UK capital, according to UK-based property consultant Savills. Today, high net worth Chinese investors are diversifying away from overpriced London properties into second-tier cities in search of better values.

????They are supported by the UK government’s effort to boost economic growth in stand-out second-tier cities such as Birmingham. As a result, the smart money from Asia is looking to invest in the early stages of select property development cycles there. But they can only do so armed with local market knowledge and the ability to seize the right opportunity, which remain key to investment success.

????Asian developers who have that in-depth knowledge are being engaged by Asian investors to manage their UK property investments. Such developers bring an understanding of the Asian culture and customs as well as local market knowledge to the task of finding the right opportunities for their Asian investors.

????That is the kind of partner Chinese investors need to be certain of getting their investments right in overseas markets such as the UK. China’s qualified domestic individual investor (QDII2) scheme will make this more important than ever, as a select group of individuals could have the option of investing up to half of the total value of their assets in international financial asset classes such as real estate.

????What do Chinese investors require when investing into a market such as the UK? There are tax and legal implications of which they need to be aware and have structured appropriately. They need to ensure that the right opportunity is sourced that reflects their individual risk profiles and return requirements; and that they have the right partner to source these opportunities, manage them appropriately from inception to completion as well as providing regular updates and information at each stage of the project.

????The latest example of the diversification away from London is The Franklin, a modern complex of 79 apartments located in Birmingham. Knight Frank has launched sales of The Franklin in Hong Kong, which is being developed by British local developer Court Collaboration in partnership with Hong Kong-based developer Headland Developments on behalf of its Asian investors.

????As more investors from Greater China turn to the UK for stable investment alternatives, they will need trustworthy developers with whom they can work to lower their risk. Asian developers with a proven track record in construction, development and funds management, who in addition have a strong network of local development partners, will become Chinese investors’ go-to sources for overseas investment, which we broadly term cross border investment with local execution.

????John Gunning ([email protected]) is Managing Director and Paul Hill ([email protected]) is Investment Manager of Headland Developments Limited.