EVENT: The London Property Market: Behind the Headlines

Date: 5th July, 2018 Time: 06:00 pm - 09:00 pm
The London Property Market: Behind the Headlines

This year's real estate seminar was entitled, 'The London Property Market: Behind the Headlines' and included five presentations from a variety of experts who are working in different areas of London property. 

The seminar was introduced by  Claire Cripps, Senior Manager, Global Wealth at First Abu Dhabi Bank. 

Tom Bill, the Head of London Residential Research for Knight Frank, presented a series of charts showing how residential prices have been moving in England as a whole, and then in various parts of London. He also showed how the volume of transactions in London has been remarkably consistent over the last ten years, albeit with short-term spikes and troughs due to the Global Financial Crisis and the Brexit vote. He also presented useful figures showing how the price of London property has changed for different price bands – all price bands have performed in the same way with only minor differences. 

Nicholas Simmonds, Assistant General Manager at National Bank of Kuwait International, commented that prime yields have remained at 3.75% in the West End of London and 4% in the City, with these rates being supported by sustained levels of demand and continuing flows of overseas capital, especially from the GCC and Asia. He pointed out that higher yields can be achieved by investing outside London, although London still has many attractions, such as liquidity and value relative to rival global cities.

Hannah Wailoo, a Senior Associate at Trowers and Hamlins, described the British government's plans to launch the Public Register of Beneficial Ownership for Overseas Companies, showing who will be captured by the new disclosure requirement and what they will need to disclose. She also described the likely changes to corporation tax and tax on investment gains that will be relevant to real estate investors.

Fuad Shakshir from QIB (UK), described recent developments in Islamic finance in London and Nasser al-Shawaf, the CEO of Rassmal Investments, described two prestige investments that his firm is managing in London: Regent's Crescent and Vauxhall Cross.

The presentations were followed by a lively question and answer session, and then a buffet dinner during which participants were able to mix with the speakers.

The seminar was sponsored by First Abu Dhabi Bank, NBK International, Trowers & Hamlins and Rassmal. 

Photographs from the event can be seen on the Gallery Tab of this website. Copies of the presentations are below. 

 

 

 

 

Knight Frank Presentation
Rassmal Presentation
NBK I Presentation
Trowers & Hamlins Presentation
QIB presentation

More in Events

Good Food, Good Company, Good Fun: ABA Christmas Party hits the mark again

Good Food, Good Company, Good Fun: ABA Christmas Party hits...

We held our Christmas party on 13 December. About 90 members and friends attended what was our fourth social event of the year. There are photos on th eGallery Tab of this website.

  • Date: 13th December, 2018
  • ABA Offices, Mayfair

FTI Consulting Delivers Tutorial on Compliance Management

FTI Consulting Delivers Tutorial on Compliance Management

FTI Consulting delivered a tutorial to ABA Corporate Members on the management of the compliance function. 

  • Date: 7th December, 2018
  • ABA Offices, Mayfair

PRA Staff Brief Arab banks on expectations and developments

PRA Staff Brief Arab banks on expectations and developments

Six executives from the Prudential Regulation Authority briefed CEOs and other senior executives of Arab banks in London at the ABA's offices on 28 November. This was the latest in the regular series of briefings that the two UK banking...

  • Date: 27th November, 2018
  • ABA Offices, Mayfair

Corporate Members' Seminar on Libor and Benchmarks

Corporate Members' Seminar on Libor and Benchmarks

Janes Solicitors and Arab Financial Forum hosted a seminar for our corporate members on the recent scandals surrounding the Libor benchmark. 

  • Date: 19th September, 2018
  • ABA Offices, Mayfair

Navigating the Regulatory Maze, 2018

Navigating the Regulatory Maze, 2018

Senior executives from Grant Thornton, Fieldfisher and BNY Mellon briefed ABA members and friends on forthcoming regulatory initiatives affecting banks and capital markets.

  • Date: 15th March, 2018
  • ABA offices, Mayfair

Upcoming ABA Events


Other Upcoming Events