Investor Liaison Meeting Held in Hong Kong
Fortis Estate Management recently held an investor liaison meeting in Hong Kong for investors in the St Andrews Court student accommodation block in Glasgow.
The meeting was coordinated by local agents, Hong Kong Homes Ltd, who originally acted as sales agents for some of the properties and now coordinate investor enquiries.
Neil Roberts of Fortis Estate Management commented: ‘The meeting was well attended by over 40 Hong Kong based investors and proved a useful opportunity to update landlords and answer queries on rental income prospects and projected operating costs for the building’.
Neil also commented: ‘Investors were obviously aware of the short-term currency effects of the Brexit vote in the UK but most tend to be taking a medium to long term view of the market. Many Hong Kong investors also attended University in the UK or have historic family ties to reinforce their confidence in the UK market’.