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JLL Residential Research Report | August 2022

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1st&nbsp;Phase of St William&rsquo;s Poplar Riverside launching in SingaporeSt William, part of the Berkeley Group, will be unveiling the first phase of their latest riverside homes in Singapore on the weekend of 21 August 2021. Located on the banks of the River Lea, Poplar Riverside will offer over 2,800 homes, complemented by world-class residents&rsquo; facilities, a beautiful new 2.5 acres park and a host of retail services.An Exciting New DistrictPoplar Riverside is set to become one of East London&rsquo;s most vibrant neighborhoods. Strategically located between Canary Wharf and Stratford, Poplar Riverside&rsquo;s locale will allow future residents effortless accessibility to an abundance of East London&rsquo;s most exciting social, cultural, and educational offerings.Set within Zone 2/3 it is ideally placed for commuting to Canary Wharf or the City. Canary Wharf which holds an enormous collection of shops, bars, and cafes, alongside the United Kingdom&rsquo;s largest inland fish market, Billingsgate Market as well as Canary Wharf the global business headquarters, both just 12 minutes cycle away.The development is well connected via various public transport options that includes the East London&rsquo;s DLR, London Underground services, and an extensive bus network. Poplar Riverside is also within 45 minutes by tube to United Kingdom&rsquo;s top 16 universities such as the Queen Mary University of London, University of Greenwich, and King&rsquo;s College. There are also secondary schools, primary schools, and pre-schools within the vicinity, catering to families with children of all ages. Poplar Riverside will even be delivering its own school in later phases.A Green HavenWith over 500m of river frontage and accompanied by a 2.5-acre riverside park, Poplar Riverside offers ever changing views and proximity to nature. With half the park dedicated to open spaces, park users can expect facilities such as playgrounds, lounge areas, and spaces that can be used to host social gatherings. Connecting the park squares and gardens, The Green Link runs the length of Poplar Riverside and features over 6,000 sq ft of plantings and provides a beautiful green frontage for the on-site caf&eacute;s and restaurants.Residents are truly spolit with the environment around them as there are countless outdoor activities such as paddle boarding at the Lee Valley Country Park, a boat cruise along the River Lea, cycling through the Hackney Marshes or a tour of the Walthamstow Wetlands.A Vibrant Place to Call HomePoplar Riverside aims to provide its residents with a healthy balance between work and play. Located in the center of Poplar Riverside, Shelduck Square is a 10,000 sq ft public square for performances, remote working spaces, and outdoor dining.The Riverside Club within Poplar Riverside is a 16,000 sq ft space with a mix of premium social and work facilities. Entertainment rooms such as the cinema room and games room provide a space for residents to relax and unwind. With WiFi throughout, facilities like The Workspace, The Great Rooms, and meeting rooms provide conducive workspaces for residents. A 20-meter pool on the first floor includes spectacular pool facilities such as a salt room, experience shower, steam room, and sauna.The first phase of Poplar Riverside will launch 643 riverside studios, one, two, and three-room apartments, with a 24-hour concierge to cater to the needs of the residents. All homes will enjoy a balcony, many with beautiful views of the park, city, and river.<a href="https://internationalresidential.jll.com.sg/poplar-riverside">Join</a>&nbsp;JLL at the Singapore launch of Poplar Riverside at Berkeley&rsquo;s Office in Marina Bay Financial Centre Tower 2. The exhibition will run through 21st to 22nd August 2021 from 11 AM to 6 PM, strictly by appointment only. Virtual and one-to-one appointments are also available for&nbsp;<a href="https://internationalresidential.jll.com.sg/poplar-riverside">booking now</a>!

1st Phase of St William’s Poplar Riverside launching in Singapore

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Despite a turbulent year, the UK property market has performed exceptionally,&nbsp;<a href="https://www.theguardian.com/business/2021/apr/21/uk-property-sales-at-16-year-high-as-house-prices-soar" target="_blank">soaring to a 16 year high for its property prices</a>. As the global outlook improves, foreign investors are looking for their next property investment opportunity.Since the Covid-19 Pandemic, most companies have evolved their working model. Tech firms and establishments have relocated from the big cities to promising new estates. Remote work has displaced working in offices. Now, tenants &amp; buyers re-evaluate what they want out of their property - their ideal work-home environment.Touted to be the future of smart cities, Reading&rsquo;s a hot commodity to buy a home in the UK.&nbsp; meets the evolving needs of tenants and buyers and is expected to reap handsome returns. Here are 5 Reasons Why Reading Is The Choice Real Estate Investment.<h2>1.&nbsp; Fastest Growing Economy in The UK</h2>For aspiring startups or angel investors, Reading&rsquo;s the place to be. Second only to London, Reading has the&nbsp;<a href="https://www.pwc.co.uk/industries/government-public-sector/good-growth.html" target="_blank"><a href="https://www.pwc.co.uk/industries/government-public-sector/good-growth.html" target="_blank">largest concentration of SMEs and businesses</a></a>&nbsp;(364.6% per 10,000 population).Its economic outlook continues to rise with a forecasted 1.1% increment per annum. Reading was rated as the&nbsp;<a href="https://www.pwc.co.uk/industries/government-public-sector/good-growth.html" target="_blank">2nd best place for work productivity</a>&nbsp;(&pound;83,801 per job) and the 6th highest employment rate in the UK.Reading&rsquo;s performance and potential growth has got it the deserving accolade of being the top 10 most attractive European cities for Foreign Direct Investment in the FDI European Cities &amp; Regions of the Future. <ul><li>Today, Reading is home to 13 of the world&rsquo;s top 30 brands (including Microsoft, PepsiCo, Cisco, Symantec, Oracle Corporation, Prudential, Verizon, Thales and Bayer). You can expect an increase in property value as more multinational companies move in over the next decade. Invest in UK properties today through the&nbsp;<a href="https://internationalresidential.jll.com.sg/event-calendar/30/may/2021/huntley-wharf-reading" target="_blank">latest Huntley Wharf development</a>. </li></ul><h2>2.&nbsp; New Transport &amp; Infrastructural Developments</h2>There&rsquo;s a reason why Reading has the&nbsp;<a href="https://livingreading.co.uk/key-facts" target="_blank">2nd highest housing stock growth in the UK</a>. Thanks to the &pound;900 million investment for the Reading station, you can get to London city within 30 minutes via a direct line, or to Heathrow Airport in under 40 minutes.Reading currently holds the title of&nbsp;<a href="https://www.thamesvalley.co.uk/reading-forecast-fastest-growing-city-country/" target="_blank">Fastest Growing City in the UK</a>&nbsp;with newly minted and upcoming business parks. These include:<ul><li>Forbury Place - 370,000 sq ft of international HQ space</li><li>Station Hill &ndash; 900,000 sq ft office, residential, and retail</li><li>University of Reading&rsquo;s Science and Innovation Park</li><li>Thames Valley Park - 1,500,000 sq ft office, residential, and retail</li><li>Winnersh Triangle </li></ul>Expect better infrastructure to facilitate efficient freight capacity and transport. The Network Rail plans to modernise the Great Western route, as well as a 3.8km rail tunnel as part of a new Western Rail Link to London Heathrow Terminal 5 to be operational this year.With The Crossrail, commuters can travel from Reading Station (10 mins walk from&nbsp;<a href="https://internationalresidential.jll.com.sg/event-calendar/30/may/2021/huntley-wharf-reading">Huntley Wharf</a>) to London Paddington in 23 minutes! Furthermore, Reading Station will be upgraded with a 600 lot bicycle parking hub.The Royal Elm Park development will host new transport measures, such as subsidised local public transport, a new transport hub, and shuttle bus services to help relieve congestion. <h2>3.&nbsp; World-Class Education &amp; Tech Facilities</h2>Reading defends their title for the&nbsp;<a href="https://livingreading.co.uk/reading-schools-top-a-level-league-tables" target="_blank">best A-level results in the country&nbsp;</a>for the fourth consecutive year. Reading University ranked 30 in the World University&rsquo;s ranking. 54% of the working population holds a<a href="https://www.centreforcities.org/city/reading/" target="_blank">&nbsp;degree level</a>&nbsp;or equivalent.True to its reputation as the Silicon Valley of the UK, Reading has transformed from a manufacturing centre into a hub for IT, telecoms, tech. and digital businesses within the last few decades. They continue to attract real estate investment with the increased demand for tech/digital jobs.Thanks to a strong performing tech sector, Reading&rsquo;s gross value added forecast (2.2%) surpassed the UK's average of 1.7%. Multinational &amp; tech companies continue to offer well-paying jobs to recruit the best talent.It&rsquo;s a strategic time to buy a home in the UK at Reading. Reading&rsquo;s rental market is booming with tenants like these having more spending power. Most rentals are&nbsp;let within one week of being marketed. Should you be interested,&nbsp;<a href="https://internationalresidential.jll.com.sg/event-calendar/30/may/2021/huntley-wharf-reading" target="_blank">check out the Huntley Wharf project in Reading</a>. <h2>4.&nbsp; The Forefront of Green &amp; Sustainability Initiatives</h2>As a smart city, Reading is primed to be a green city. Most facilities are designed to reduce environmental impact and for sustainable living. These include energy-efficient heating systems, high levels of insulation, incorporating the advancements in technology to improve driving efficiencies and reduce fuel wastage.Marina and nature reserves will be an integral part of the city. Some residential areas would also incorporate acres of ecological areas, including ponds and reed; for residents to observe wildlife living in its natural habitat.Under Reading 2050, Reading aims to become a city that can adapt to climate change.&nbsp; As a self-replenishing and self-reliant ecosystem, Reading will have all its resources locally sourced and consciously educate all its residents of their responsibility to live within their limits. <h2>5.&nbsp; Ethnic &amp; Cultural Diversity</h2>In an environment where ethnic and cultural diversity is highly valued, Reading paves the way for its counterparts. McKinsey reported&nbsp;<a href="https://www.mckinsey.com/featured-insights/diversity-and-inclusion/diversity-wins-how-inclusion-matters" target="_blank">companies with diverse gender and ethnic executives are likely to perform 27% better than their counterpart</a>s.Across the Borough, Reading residents speak 150 different languages in their homes. Reading is also the&nbsp;<a href="https://www.centreforcities.org/city/reading/" target="_blank">10th city in the UK with 18.6% of the population born outside the UK</a>. <h3>Conclusion</h3>If you are looking to buy a home in the UK, or make a real estate investment for rental purposes, Reading is your choice location. It&rsquo;s a property investment bargain with relatively cheaper prices in the South East region and property letting yields at 4.6%. No doubt you can reap handsome returns. Just in the past 25 years,&nbsp;<a href="https://www.getreading.co.uk/news/reading-berkshire-news/reading-house-prices-grown-five-18113160" target="_blank">Reading properties have quintupled in their value.</a> Interested in Reading&rsquo;s real estate? Check out the&nbsp;<a href="https://internationalresidential.jll.com.sg/apartment-new/reading/huntley-wharf">latest development</a>&nbsp;to find out more.

5 Reasons Why Reading Is The Choice Real Estate Investment For UK

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A series of global events that should have positive impact on the real estate market such as G20 Osaka summit and prospective IR development are aligned up to the 2025 World Expo, gathering attention from around the world. Osaka is experiencing a golden opportunity to attract domestic and foreign investment.JLL Japan&rsquo;s head of international residential&nbsp;Kentaro Sato&nbsp;believes that Osaka&rsquo;s high-rise market is a prime area for those looking to expand their investment portfolio.<div><div><img alt="" height="auto" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1597804093/olmwebcontents/ip/prod/np3oqormoclnishidy1l.jpg" /></div><div>&ldquo;In central Osaka, the condominium market is doing well. One of the reasons is that the units are not that expensive in terms of price per sq ft. If you compare with condos in Tokyo, Osaka&rsquo;s are priced 60% lower. So, it is still at a reasonable level,&rdquo; says Sato.</div></div>&nbsp;Similar to big cities such as Tokyo and Fukuoka, Osaka is experiencing urbanisation. So many people from the surrounding areas, including Kobe and Kyoto, are moving to the city, he continues.From 2017 to 2019, condo supply increased 95% and the price index improved 103%, according to data provided by Sato. Moreover, the city&rsquo;s population grew 101%, from 2.713 million to 2.74 million, and rent rose 105%.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1597805698/olmwebcontents/ip/prod/mj5mdkbn4rib7xybdf54.jpg" />The yield is higher [in Osaka] than Tokyo because Osaka is the second largest city or economic zone in Japan.&ldquo;The other reason to invest here is that Osaka is expected to have an integrated resort (IR) project. That is probably the main driver that has increased the interest of foreign investors,&rdquo; he says.In 2018, the IR Bill was passed in Japan, allowing for an IR with casino in up to three cities. It will take another year for the selection of the cities to be completed, but Sato says Osaka is highly favoured to be chosen. It is estimated that one IR with casino will generate 97,000 new jobs.Meanwhile, there is a limited supply of residential properties in Osaka, as there are developers that buy land to build hotels, he explains.Owing to this competition for land, the supply of condos is expected to be controlled, leading to the units&rsquo; values holding, he adds.Sato points out that infrastructure improvements to rail lines to the reclaimed island where the proposed IR will be located as well as to Kansai International Airport will also increase interest in and demand for properties in Osaka.Furthermore, the completion of the Umekita Station in 2023 and the Naniwasuji Line in 2031 are expected to shorten the travel time between Osaka Station and the Kansai International Airport by as much as 30 minutes, benefiting the investment environment.Established in 2000,&nbsp;Keihan Real Estate&nbsp;is a subsidiary of Keihan Electric Railway Co Ltd, which was founded in 1906.The holding company developed the railway links between Kyoto and Osaka, and engaged in property development along the railway line it set up.After some company restructuring, the real estate division was established and it developed and sold about 2,500 condominium units in Osaka city between 2014 and 2018.Keihan Real Estate representative Mayuko Takahashi says in an email interview that the vision of the Keihan Group appears in the phrase &ldquo;global Keihan Group&rdquo;.<div><div><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1597806062/olmwebcontents/ip/prod/batkschjaafkzqmjvzyh.png" /></div><div>&ldquo;The goal is to welcome customers from around the world with a global perspective and to develop business across Asia,&rdquo;&nbsp;she says. &ldquo;We have been selling our properties mainly in China, Hong Kong and Taiwan for about five years. This experience has helped us develop products based on the opinions of overseas customers. So far, we have developed products that satisfy not only Japanese but also overseas customers, and to continue making progress, we decided to sell in Southeast Asia.&rdquo;</div></div>Its latest project, The High Horie, is located in Nishi-ku, Osaka. According to Takahashi, it is a popular residential area with a young population, which is forecast to increase.Within the vicinity of The High Horie are amenities such as a hospital, a library, supermarkets, schools, parks and fashionable high-quality shops. The nearest metro station &mdash; Nishinagahori &mdash; is a minute&rsquo;s walk away.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1597806239/olmwebcontents/ip/prod/mdej7g31itt2j67z2r7i.jpg" />&ldquo;This project is planned mainly for people living in the city centre such as singles, DINKs (double income, no kids) and those living in multiple residences or need closer access to their workplace,&rdquo; says Takahashi.&ldquo;In addition, we have designed common spaces and services that will support SoHo (small office/home office) use with the increase in remote work and side businesses, owing to the work-style reform in Japan.&rdquo;In recent years, the government has been reforming workplace practices. These include encouraging people to have side or multiple jobs.To cater for this new type of worker &mdash; who either is a freelancer, is someone who works from home or has his or her own small business &mdash; Keihan Real Estate created this SoHo product.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1597806269/olmwebcontents/ip/prod/prwfw90ecqgnbqjsbukl.jpg" />The High Horie occupies a 1,014.27 sq m parcel and has an estimated gross development value of &yen;6.5 billion.The 12-storey project will have 141 units with three layouts &mdash; studio (22 units), 1-bedroom (105 units) and 2-bedroom (14 units). The built-ups will range from 325 to 798 sq ft, with a starting price of &yen;27.9 million.There is an option for a guaranteed rental scheme for investors. Open for sale now, The project is expected to be completed next January.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1597806292/olmwebcontents/ip/prod/oaapqfq6mmd50d7ga5xh.jpg" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1597806321/olmwebcontents/ip/prod/nlbkz7o8zzqfodzwotsh.jpg" />A unique feature of the development is that each unit can be registered as a business address, which owners of regular condos in Japan are not allowed to do.Among its facilities will be two common areas &mdash; a lounge area on the ground floor for residents and/or business owners to have open meetings with clients or guests, and a space with private meeting rooms.The design of the units also differs slightly from that of typical Japanese high-rise developments.&ldquo;A typical Japanese condo has a ceiling height of 2.4m to 2.6m while this project&rsquo;s units will have a ceiling height of 3m to 3.55m. By providing a higher ceiling, it would be possible to partition the space not only vertically but also horizontally into lofts and storage spaces,&rdquo; explains Takahashi.The additional space would allow people to live and work in the same place.&nbsp;&ldquo;This flexibility, along with the shared facilities, will enable small businesses or freelancers to conduct their business in the same space without having to meet clients or guests elsewhere and incur additional expenses&rdquo;, she adds.&nbsp;<div><iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" frameborder="0" height="315" src="https://www.youtube.com/embed/ljbpuc2DebQ" width="560"></iframe></div>To ensure that Osaka remains in the minds of local and foreign investors, Keihan Real Estate plans to develop more projects in the city.&ldquo;In the Kansai area, we plan to develop projects mainly in the six wards of Osaka city. Besides The High Horie, we also plan to build a tower project in front of Osaka Castle&rsquo;s Otemon Gate as well as a tower project in the bay area, which has attracted attention, owing to the 2025 World Expo and the proposed IR,&rdquo;&nbsp;says&nbsp;Takahashi.For more information on The High Horie and or anything else that you'd like us to clarify, contact JLL International Residential at&nbsp;<a href="mailto:internationalresi@ap.jll.com">internationalresi@ap.jll.com</a>, or +65 96719583 (Whatsapp/SMS/Call)&nbsp;<a href="https://internationalresidential.jll.com.sg/event-calendar/28/aug/2020/high-horie"><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1597806392/olmwebcontents/ip/prod/hbjkw4nfccevcbya5xih.jpg" /></a>This article was originally published by The Edge Malaysia, Author: Wong King Wai

Why Osaka is winning investment in Japan

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In recent years, London has seen phenomenal growth in property prices which is testimony to its economic stability and attractiveness as a great place to live. This has put it firmly on the radar of property investors, keen to tap into these rising prices while also earning a decent yield from rental income.Foreign buyers particularly like investing in London, and strong overseas demand is helping to keep property prices in the capital edging upwards. Many are drawn to its glitzy and star-studded districts like Chelsea and Kensington.But there are a wide number of areas being regenerated across the city by the UK government which could attract even more buyers to invest.These regeneration projects tend to be in older neighbourhoods in need of fresh capital to help revitalise them and spark economic growth. This provides an excellent opportunity to invest as property prices are generally lower than other parts of the city, but offer greater potential for capital growth.Billions of pounds are being invested across many parts of London including its East End. This money will go towards improvements to infrastructure and amenities in those areas and create increased demand for housing. Developers in the UK are often instructed not just to build residential buildings, but also to create new community hubs for residents to live, work and play as part of the regeneration.TwelveTrees Park&nbsp;is being built in the borough of&nbsp;Newham, in the heart of London&rsquo;s East End where a number of these regeneration projects are happening. It&rsquo;s one of the most highly anticipated large-scale developments in London given its enviable location and connectivity.Newham is already home to a highly-successful regeneration project in the form of Olympic Park which was revitalised for the 2012 Olympic games. More than &pound;1billion is now being spent on developing the park further.&nbsp;Growth potentialNewham&rsquo;s population is expected to grow in the next few years to more than 380,000 making it comparable to many of the UK&rsquo;s smaller cities. This will create a need for more housing in the area, including new builds like TwelveTrees Park.Figures show that house prices in this area have already been growing strongly and should continue to do so as the regeneration projects take shape.Property buyers are likely to be drawn to TwelveTrees Park because of its connectivity to other parts of London and the enviable greenery it offers, along with its growth potential.This new development will be set in 12 acres of open green space that includes landscaped gardens and a WiFi enabled park. In fact, more than half of TwelveTrees Park will be dedicated to green space.The ambitious development will include around 3,800 homes &ndash; a mix of studios, one, two and three-bedroom apartments along with exclusive penthouses &ndash; spread across the vast green space. This offers plenty of price points for property investors for TwelveTrees Park, which will be completed by 2024.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1597741112/olmwebcontents/ip/prod/emjiboh41rdcttvcexkm.jpg" />&nbsp;Getting connectedConnectivity is a strong point of TwelveTrees Park, as it&rsquo;s only a one-minute walk from West Ham station, which is linked to five rail and tube lines offering fast and regular links to the city centre and beyond.The location also has quick access to the high-speed Crossrail network, while London City Airport is just 10 minutes away. Investors like to buy properties close to public transport as it makes them much easier to rent out.Those living in the development will have access to a residents&rsquo; gym, business lounge, screening room and 24-hour concierge service. Such features are attractive to tenants and should help achieve higher rental incomes.&nbsp;Sweet spot&ldquo;TwelveTrees Park is in the sweet spot given its great location in a part of London which will also benefit from major regeneration. This will be one of the best-connected developments in London and a big part of the growing transformation of East London,&rdquo;&nbsp;said&nbsp;Widya Lesta, Head of International Residential, JLL Singapore.As TwelveTrees Park enters its early sale period, now is seen as an excellent time to gain a first-mover advantage and invest. The growth potential and location are major attractions likely to spark strong demand.&nbsp;For more details about TwelveTrees Park, you may contact JLL International Residential at +65 9671 9583 or&nbsp;<a href="mailto:internationalresi@ap.jll.com">internationalresi@ap.jll.com</a>.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1597741125/olmwebcontents/ip/prod/zqjsakjlvwvklbceaocb.png" />

London’s regeneration projects spell capital growth

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<div><div id="block-system-main"><article id="node-550" about="/news/2020/02/28/prime-central-london" typeof="sioc:Item foaf:Document" data-sf-ec-immutable=""><div><div><div property="content:encoded">Our latest research suggests that 2020 will be a year of recovery for the Prime Central London sales market.The Prime Central London sales market picked up at the end of 2019 as the General Election result injected positivity and a more certain outlook. Looking forward, the rise in turnover witnessed in Q4 should follow into Q1, with a stronger rally in transactions as more buyers and sellers return to a more liberated market.The Prime Central London lettings market is facing an acute shortage of properties to let, which has led to the highest rate of annual rental growth for over seven years. 2020 could be a year of mixed fortunes for the lettings market. Greater political certainty is likely to bolster rental demand. Nevertheless, the improved performance of the sales market may draw away some lettings demand.Want the full picture on Prime Central London&rsquo;s sales and lettings markets? Download the report here for a look at what happened in Q4 and what&rsquo;s to come:<a href="https://internationalresidential.jll.com.sg/download?pdf=549&amp;return_to=news/2020/02/28/prime-central-london" target="_blank">Download Report</a><div> </div></div></div></div></article></div></div><div>&nbsp;</div>

Prime Central London – January 2020

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For those in the know, Portugal has been generating superb investment and lifestyle opportunities in recent years.While investor appetite for Europe&nbsp;<a href="https://www.ey.com/Publication/vwLUAssets/ey-attractiveness-survey-portugal-june-2019/$FILE/ey-attractiveness-survey-portugal-june-2019.pdf">hit a seven-year low in 2019</a>, investors are still talking about Portugal and, in particular, its capital city Lisbon.Why?For starters, it was recently ranked the number one city for investment and development in Europe in a Price Waterhouse Cooper report on emerging trends.Add the attractive investment conditions (growing house prices and rental yields) and the &ldquo;Golden Visa&rdquo; initiative for investors looking to make Portugal home, and the city represents a very attractive package.Let&rsquo;s take a closer look at the key attractions of Lisbon for prospective investors.&nbsp;Lisbon leading the wayPortugal&rsquo;s capital city, Lisbon, is leading the way as the country&rsquo;s &ldquo;feel good factor&rdquo; grows.A good indicator of this is the city being named in first place on&nbsp;<a href="https://www.pwc.com/gx/en/industries/financial-services/asset-management/emerging-trends-real-estate/europe-2019.html">Price Waterhouse Cooper&rsquo;s 2019 Emerging Trends Europe leader board</a>.This is a measure of the real estate markets in major European cities, according to their overall investment and development prospects.&nbsp;&nbsp;&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1562667031/olmwebcontents/ip/prod/byrtsn4llo9qkasznwkn.jpg" />Source: PWC, Emerging Trends Europe survey 2019; Note: Respondents scored cities&rsquo; prospects on a scale of 1=very poor to 5=excellent and the scores for each city are averages; the overall rank is based on the average of the city&rsquo;s investment and development score.&nbsp;As you can see, Lisbon left other key investment hubs like Berlin, Copenhagen, Frankfurt, and Dublin in its wake.The city wasn&rsquo;t even in the top 10 in 2018. So top placement represents quite a leap in its perceived investment prospects.&nbsp;The city&rsquo;s high quality of life, comparative low cost of living, solid economy and excellent transportation network have contributed to this, helping to develop its international reputation as a dynamic rising star in Europe.It is now rapidly competing with the continent&rsquo;s more established cities.Lisbon&rsquo;s new airport, due to be unveiled in 2022, is expected to serve over 50 million visitors per year and an upgrade to the metro system is under construction, adding to the sense of expectation surrounding the city.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1562666884/olmwebcontents/ip/prod/brr6u3wag772xnolpmxy.jpg" />&nbsp;&ldquo;Golden visas&rdquo; and tax benefitsSeveral interesting government initiatives make Lisbon doubly attractive for potential investors.Firstly, the &ldquo;golden visa&rdquo; program grants visas to non-European citizens and their families, and can be obtained through investment in real estate.To qualify for a golden visa, you need to commit to either:&bull; Minimum &euro; 500,000 in the acquisition of a property&bull; Minimum &euro; 350,000 in the acquisition of a property for rehabilitationSince 2012, this visa has allowed free travel around the Schengen region and the possibility to apply for Portuguese nationality.Another attraction for overseas investors is the potential tax benefits for non-habitual residents since 2009.There is a low tax burden, with free remittance of funds, no inheritance or gift tax and no wealth tax in Portugal.For citizens who decide to establish their tax residency in Portugal and who have not earned income there in the last five years, the benefits vary between complete tax exemption (for pension income, rental income and capital gains) and a flat 20 percent rate on other income earned inside the country.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1562667099/olmwebcontents/ip/prod/pbifs3hn7g1wvnor0fcl.jpg" />&nbsp;A strengthening real estate market in Lisbon and beyondEncouraging economic data and the increasing stability of Portugal have produced favourable knock-on effects for the real estate market in Lisbon.The inherent volatility of capital markets and low interest rates, in particular, have spurred the sector.JP Morgan observe that real estate is generating better long-term returns compared to other asset classes (bonds and equity):&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1562667130/olmwebcontents/ip/prod/fuxef3oeqkg1byyqg3kg.jpg" />&nbsp;Another excellent sign for the real estate market is that home values are increasing.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1562667139/olmwebcontents/ip/prod/a7ovxzl1xio7gl37lbq7.jpg" />&nbsp;Between 2017 and 2018, houses prices in Portugal increased by 8 percent, according to the National Statistical Institute of Portugal.Much of the development of new homes in recent years has focused on the higher end of the market and short-term rentals in Lisbon.At the same time, affordability compared to the rest of Europe is helping Lisbon stand out for property investors. &nbsp;Prices there are significantly lower than in other European capitals.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1562667147/olmwebcontents/ip/prod/cx9cptvhxsmdezpbtoxq.jpg" />&nbsp;According to the 2018 RICS survey, residential prices are expected to continue to grow in the next five years by around 5.5 percent per year on average.&nbsp;Growing rental yieldsThe good news for property investors in Lisbon continues when we look at rental yields.Yields are increasing across all the main markets as demand outstrips supply in office, retail, and residential:&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1562667156/olmwebcontents/ip/prod/kaf5kpw2zchby296vav2.jpg" />&nbsp;In 2018, for instance, gross residential rental yields in Lisbon grew by 6-8 percent, depending on location (outskirts or city centre).These increases have been fuelled by increasing demand, particularly in short-term-rentals as tourist numbers rise; and in long-term rentals as international companies are increasingly attracted to what Lisbon has to offer.&nbsp;A resurgent Portuguese economySome Singaporean investors might be thinking &ldquo;wasn&rsquo;t Portugal struggling just a few years back?&rdquo;Around a decade ago, after the Global Financial Crisis, Portugal was classed alongside Ireland, Italy, and Spain as a struggling economy. For five years the country went through a period of readjustment.That all changed in 2016-17. Since then, there has been a dramatic recovery.Increased international exposure, new foreign investment projects creating thousands of jobs, and the implementation of expansionary policies to increase liquidity in the financial markets have propelled Portugal into the consciousness of investors everywhere.According to Ernst &amp; Young:&ldquo;Business leaders&rsquo; assessment of Portugal&rsquo;s attractiveness is changing, with clear signs of stabilization. But while the unusual optimism of the last two years is readjusting, Portugal&rsquo;s attractiveness remains strong and short-term investment plans in the country are among the highest in Europe.&rdquo;Interest rates are low (1.44 percent in 2018 compared with 5 percent in 2008); Gross Domestic Product (GDP) grew by over 2.1 percent in 2018; and Portugal has exceeded the Eurozone&rsquo;s average GDP for the last four years.The Bank of Portugal expects the economy to continue expanding at a steady pace in 2019.Two of the three big rating agencies, Fitch and Standard &amp; Poor&rsquo;s, now place Portugal in the quality investment level.&nbsp;Increasing stability and competitivenessStability now reigns in the Portuguese economy. This combines with the political and social stability that the country has enjoyed for centuries, increasing its attractiveness to investors.Before the Global Financial Crisis, large investments were made in the country&rsquo;s infrastructure, including the refurbishment and modernization of schools, hospitals and motorways.This has all helped to make Portugal an increasingly competitive country on the international scene.The World Economic Forum recently placed Portugal as the 34th&nbsp;most competitive country in the world, up four places from last year.Leading the way in industry is the technology sector. Portugal has become a top destination for research and development and tech companies. Tourism also plays a key role&hellip;&nbsp;Tourism on the upTourism is an important part of the Portuguese economy, contributing 12.2 percent of GDP in 2016.It&rsquo;s a key job creator that the government looks set to continue promoting. Last year alone, tourism was responsible for creating over 50,000 jobs.As most other economic indicators have improved over the past five years, so have tourist numbers.Between 2013 and 2017, numbers increased by 44 percent. During the same period, revenue increased by 64 percent.Portugal was also ranked number one in the Travel BI&nbsp;World Travel Awards &amp; European Best Destinations, Country &amp; Cities rankings ICCA 2017.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1562666938/olmwebcontents/ip/prod/vfyoqls6rcvkzo5rotoa.jpg" />&nbsp;Secure and peaceful with a high quality of life<a href="https://www.internations.org/expat-insider/2018/top-expat-destinations-39626">Expat Insider 2018</a>&nbsp;(Internations) recently ranked Portugal as the sixth best country in the world for expats to live in - and number one in Europe.Part of the reasoning for this is its security and high quality of life.Along with the excellent infrastructure already mentioned, it ranks well for access to public health services and high-quality educational facilities, including high-performing universities.The country is also ranked as the fourth most peaceful country in the world by the Global Peace Index 2018.Widya Lesta, JLL&rsquo;s Director of International Residential Singapore, explains:&ldquo;High quality of life, tax benefits, property price growth, the Golden Visa programme, vibrant tourism industry - all of the above makes investing in Portugal an attractive proposition for adventurous Singaporeans look to explore new markets.&rdquo;But remember, no investment decisions should be made without thorough research and trusted professional advice.For further information contact JLL International Residential directly at +65 6220 3888 or&nbsp;<a href="mailto:internationalresi@ap.jll.com">internationalresi@ap.jll.com</a>

Lisbon: Europe’s No. 1 City for Investors for Very Good Reasons

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PRIVACY NOTICEJones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.Generally the personal information we collect from you are for the purposes of dealing with your enquiry.We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our&nbsp;<a href="https://www.jll.co.uk/en/privacy-statement" target="_blank">privacy statement</a>.

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PRIVACY NOTICEJones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.Generally the personal information we collect from you are for the purposes of dealing with your enquiry.We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our&nbsp;<a href="https://www.jll.co.uk/en/privacy-statement" target="_blank">privacy statement</a>.&nbsp;

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PRIVACY NOTICEJones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.Generally the personal information we collect from you are for the purposes of dealing with your enquiry.We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our&nbsp;<a href="https://www.jll.co.uk/en/privacy-statement" target="_blank">privacy statement</a>.

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