To facilitate best advice for clients’ Gibbs Investment is constantly watching and analysing UK real estate market trends as well as the UK economic performance and projects.
Currently both UK real estate values and the countries economic performance are on a sustained upward trend.
In particular Manchester in the North West of England is one of the best performing regions economically outside of London.
The UK residential property landscape shows the increases of average house price in the uk from 2004 to 2014, the privately rented residential property in North West England in 2014, and the private rent rises in North West England in 2002 to 2012.
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.