Hong Kong and Chinese family offices have been funnelling money into British bricks and mortar for decades, snapping it up before any of us have a chance to blink. Hawksford's Global Head of Private Client, Darren Kelland, discusses the impact of this continuing trend.
China is a big market and it is believed that only 3% of investors from China have been coming to the fore, meaning that there is a virtually untapped goldmine waiting to invest.
A study, jointly published by UBS and Campden, states that there are 262 family offices across the globe with an average of US$921 million assets under management; one of the largest chunks of those assets? Real estate.
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