Samir Salya on the Luxury Property Show in London

Luxury property investment can no longer be considered a niche market. Interest is growing all around the world, and recent information released by Christies International Real Estate backs this up.

The data from May 2017 showed that the top ten reported property sales globally were all priced at more than $100 million for the first time ever. As ever, Central London remains one of the hotspots for luxury property, with interest now reaching less traditional areas as well.

London Property Show

At the end of October 2017, the Luxury Property Show returned to London Olympia, headed up by its director, Eddie Sikora. The show is now in its 11^th year and was held on Friday 27 October and Saturday 28 October.

As usual, the show hosted more than 50 exhibitors from all around the world. Together they presented investors with eclectic and interesting opportunities that ranged from Mediterranean villas to luxury apartments in London itself. Also on offer were beachside units in Thailand and alpine hideaways in northern Europe.

Exciting announcements

The Property Show always includes exciting announcements for the luxury investment sector, and this year was no different. Foremost Currency Group announced its ‘Experts’ brand, which provides a private Foreign Exchange Service carried out by experienced traders. Working in a similar way to private banking, Experts is a personalised service that will help both personal clients and businesses with large transactions of currency.

Other announcements of interest include the Corocoran Group’s flurry of events and offerings and private equity firm Cogress revealed their investment model for luxury property investment.

Advice for investors

As well as the huge range of stands and exhibitors at the show, there was also a detailed schedule of seminars offering advice to investors. These seminars included those aimed at first-time luxury investors to seasoned professionals who already have extensive portfolios.

Tackling key questions such as identifying luxury property hotspots and how to mitigate economic and political uncertainty, the seminars were delivered by key property funds and industry figures.

Research equals returns

One key sponsor explained that the global economy and political uncertainty across much of the world means that appropriate investment strategies must be formed. This includes taking a ‘big picture’ approach to investment by including in the strategy the economic and political trends that could impact property values.

Events such as the London Property Show have an important part in setting the scene for the luxury property market and are important opportunities to get sharp investment minds all together under one roof.

Property investment still good option

Show director Eddie Sikora says: “Investing in property has always been a good option and, over the long-term, property investments continue to outperform other asset classes.”

Investors are moving away from domestic markets to look at their global options. This is focusing attention on exclusive parts of the market, which have higher returns and lower risks to investors.

About Samir Salya

Samir Salya is the Chairman of Reign Holdings, and is involved in UK and UAE real estate and construction. Samir holds over 20 years’ experience in executive management, business expansion, performance improvement, sales and marketing