Gibbs Investment is delighted to announce that our Chinese client, Chongqing Jinstar Real Estate Development Company has formed an alliance with Manchester & Cheshire Construction.
Gibbs Investment first introduced Jinstar to Manchester & Cheshire Construction in the summer and then helped to arrange a meeting with Deborah McLaughlin, chief executive of Manchester Place, on a recent trade mission to China led by Chancellor George Osborne.
Philip Gibbs, Chairman of Gibbs Investment, said: “looking after the best interests of our clients, we provide professional and comprehensive service to assist Jinstar’s UK investment strategy. We believe that the launch of the joint venture will help the companies to bid for sites focused on helping Manchester Place achieve its target of 55,000 new homes by 2027.”
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Different from the traditional consumption habits of Chinese who are famous for high saving rates, majority of the UK residents tend to consume more and have lower savings rate.