Press enter

Chinese investment in British commercial property has been tipped to skyrocket | 21 October 2013

Chinese companies are believed to have been encouraged to submit bids for British projects following chancellor George Osborne and London mayor Boris Johnson spending six days speaking to potential investors in the country last week.

The pair spoke to representatives of Dalian Wanda, China Investment Corporation and Shanghai Pudon Development Bank amongst others. These businesses are rumoured to be considering further investment in UK commercial property projects.

A report from propertyforum.com has also suggested that China’s involvement in ABP’s Docklands regeneration project has been key to encouraging investment in other projects.

Osborne has previously suggested that increased investment from China could only be beneficial for the UK and should be encouraged wherever possible.

According to scmp.com, he recently announced that he would allow Chinese investors to obtain majority stakes in British nuclear plants over time.

He also plans to enable Chinese travellers to obtain British visas more easily. Business travellers, for example, would soon be able to apply for a “super-priority” visa that would be processed within 24 hours, whilst tourists with a EU visa may not longer need to make separate applications to visit the UK.

The views expressed in this post are those of the author and are not necessarily those of Qube Global Software. All facts are verified where possible directly by the author.

Share this story
Posted by Andrew Smith
+44 (0) 20 7726 3200.
More News

Qube Global Software customers win at the Property Week Awards | 7 November 2017

We are delighted to announce that a number of our customers were crowned winners at the Property Week Management All-Stars awards – held at Grosvenor House, London, on the 2nd November.

Network Homes choose Qube Living | 16 August 2017

Network Homes has chosen to implement Qube Living to support its growing Build to Rent portfolio.

Qube Global Software customers shortlisted at ARMA ACE Awards | 6 June 2017

We are proud to announce that a number of our customers have been shortlisted at the prestigious ARMA ACE Awards.

This website uses cookies. By continuing to browse this website you are agreeing to our use of cookies. Please see our cookie policy for more details. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close

This website uses cookies. By continuing to browse this website you are agreeing to our use of cookies. Please see our cookie policy for more details. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close