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Hongkong Shoe Makers Are Buying Huge Sums Of Money To Buy London Properties.

2010/11/1 15:24:00 67

Shoemaker Purchase Investment

On November 1st, Liang Richang, a British businessman with a British passport, bought a large commercial property near Ssha J Billy Doug, a Chinatown near London, at a high price of 13 million pounds, setting up a Chinese individual in Hongkong in recent years.

Investment

The real estate paction price is the most.


Liang Richang, who studied in England in the 80s of last century, returned to Hongkong to join the footwear industry. Now he is Hongkong.

footwear industry

The president of the association has many factories in the mainland of China, with annual sales of 500 million yuan.

Speaking to reporters about why he chose to buy huge property in London, he joked that the British pound was in the doldrums and the British real estate had hit bottom.

In addition to the commercial property near Chinatown, he also bought two other properties in London.


Liang Richang told reporters that at present, the shoemaking industry is very thin, creating itself.

brand

It is the only way for the future.

London is the center of the world design, where it can invest in property temporarily, and it can temporarily rent it for profit. It can be used as an office land in the future, or it can make up its mortgage to make its own brand.


Li Zhenju lawyer told reporters that in fact many buyers in London are not self occupied, but through investment to obtain permanent family qualifications, prepare for their children's future in the UK.

He Dawei, partner of Li Zhenju's lawyer's office, said investors from mainland China and Hongkong had the advantage of mobilizing capital quickly and rarely needed loans. Besides, sterling exchange rate was weak and the British government encouraged policies and other factors that led many Chinese investors to turn their sights on British property.

The British Property Agency has also begun to provide the Chinese law firms with information on property pactions, hoping to find Chinese businessmen to invest.

In the near future, Chinese property investment in Britain will continue to increase.

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