A talk to satisfy growing interest in London properties

business August 26, 2015 17:43

By The Nation

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Knight Frank Chartered (Thailand) will host an executive talk on London property investment for Thai buyers from August 29-30, saying there is an increasing demand for such information.



            Frank Khan, executive director, head of residential, said that over the past years, the company has seen a significant increase in demand for London properties by Thai buyers. At the talk, the company’s specialist will share information on the investment prospect and related tax issues.
 
Knight Frank earlier teamed up with Siam Commercial Bank to bring ultra-rich clients to visit London's luxury property market.
 
Calling itself a specialist in the market, it said there is a trend that ultra-high net worth individuals worldwide are eyeing the second home market as investment alternative.
 
The Wealth Report studied the growth of super-rich population who owns more than US$30 million assets in 97 countries. In the latest edition (2014), Asia is the No 1. This report forecasts that in the next 10 years, the number of UHNWIs in Asia will climb by 34 per cent to a total of almost 231,000, overtaking North America. Vietnam will enjoy the highest growth rate of 159 per cent.