KNIGHT FRANK GLOBAL WEALTH ALEX KOCH DE GOOREYND WEALTH - - PowerPoint PPT Presentation

KNIGHT FRANK GLOBAL WEALTH

ALEX KOCH DE GOOREYND

WEALTH TR EN D S INVESTMENT BEH AVIOU R KEY INVESTMENT C ON SID ER ATION S CITY INSIGHTS

OUR WORLD, OUR CLIENTS

• f our clients have over US$125m

in assets

1,200

• f Bloomberg Billionaires 2016 are
• ur clients

20%

ultra high net worth individuals

4,000

Direct access to over

1.2M

clients on our global databases

One of the main things that sets our firm apart from others is our commitment to long-term, personal client relationships.

Social media reach for International View 2017

5.5m

pages viewed on our website in the past five years

500M

Residential properties for sale on knightFrank.com

21,900+

Future is digital 60,000 Twitter, 22,000 Instagram & 35,000 Facebook. Visits booked via Linked-In

True Network - London (30), Paris (8) Frankfurt, Quinta, Lisbon

Alasdair Pritchard Shishir Baijal Moreas Madani Stefan Burch Katya Zenkovich Marina Shalaeva Charles Penny Maggie Lee

SINGAPORE MOSCOW INDIA HONG KONG USA UAE SAUDI

Daniel Daggers Linda Chern

CHINA

Stuart Cole Yi Cheng Alasdair Pritchard Tom Hawkins Edward de Mallet Morgan Pieter van Naeltjwick Alex Koch de Gooreynd Jacques Emery

MONACO SWITZERLAND

Sami Robertson

STRATEGY AND MANAGEMENT

Sami Robertson Sarah May-Brown Ronny Wong Alex Foshay Alex James

GLOBAL WEALTH TEAM

Profiling team One point of contact

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• the

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A TRUE GLOBAL NETWORK IN ACTION

London referral for the sale of a villa in Cap-Ferrat

€18.8m

International referrals made per month

60

Fees billed in 2017 from cross border referrals

€1,8m

“The impact of private wealth

• n global property markets”

12th edition, $1 trillion of private investment Wealth creation & movement, attitudes survey (40 UHNW & 10,000), sentiment affects property performance & luxury assets performance

2012 - 2017

• Global flows, Wealth X
• 5yrs, UHNWI - $50m net assets (129,730)
• Contrast South America 16/17 + 710 v China 16/17 + 4,590
• 3%

MIDDLE EAST

• 13%

AUSTRALASIA

10%

EUROPE

• 37%

RUSSIA & CIS

• 8%

AFRICA NORTH AMERICA

31% 37%

ASIA

18%

• 22%

LATIN AMERICA & CARIBBEAN

• Next 5yrs - Wealth X
• Medium-term growth, continuing trend, not indefinite

Future Growth

27%

MIDDLE EAST

35%

AUSTRALASIA

34%

EUROPE

25%

RUSSIA & CIS

31%

AFRICA NORTH AMERICA

36% 55%

ASIA

30%

LATIN AMERICA & CARIBBEAN

40%

The new millionaires

4,000 pa. China’s annual $ millionaire production rate equates to Russia’s overall total Despite China’s growth the US is the undoubted wealth creation powerhouse China’s importance is the mobility of its wealth, biggest buyer in London

China 159,000 US 485,000

Pace of money movement, unique view of global money flows Bank for International Settlements data, $172bn increase in three years to June 2017

Money flows increasing

721% - the three-year growth in Chinese funds held overseas

Investment activity: allocation changes

CHANGE IN ALLOCATION

56% 46% 38% 30% 25% 21% 62%

CRYPTO- CURRENCIES

45%

Attitudes survey Wealth flooding into hard assets: 150 super yacht completions. 2nd + since 2008 Records broken at auction: $23m record for British Car, Paul Newman’s Rolex ($18m), diamond record ($71m)

Source: The Wealth Report Attitude Survey

UHNWIs flows increasing

Money moving and people moving 24% of Asian UHNWIs have a second passport / nationality, 26% are considering it $3bn purchasing passports / citizenship

21% of UHNWIs plan to emigrate

European Super Prime Market on the move ?

Portofino Geneva Cannes BENAHAVIS FLORENCE COTE D’AZUR

All in 2017 After difficult 10 yrs

2017 – The rise of the mega deal

20 FENCHURCH STREET London THE LEADENHALL BUILDING London THE CENTER Hong Kong

43%

Private Investors

Demand for Trophy $1b of overall investment FO - $1.8 Trillion AUM, 55% RE exposure

Strength of the City markets

Relative Values

How many square metres

• f prime property does

$1m buy?

MONACO (16) NEW YORK (25) LONDON (28) SINGAPORE (39) GENEVA (41) PARIS (46) VIENNA (47) ZURICH (53) LAUSANNE (63) BEIJING (66) ROME (68) BERLIN (77) MOSCOW (83) DUBLIN (106) AMSTERDAM (108) MADRID (112) LISBON (121) DUBAI (138)

Demand outweighs supply

10,000 20,000 1,750 3,575

Net additional dwellings delivered in 2016-2017 Housing need per annum Net additional dwellings delivered in 2016-2017 Housing need per annum

BERLIN BIRMINGHAM

Berlin deficit of 77,000

Tighter monetary policy/Cooling measures, Vancouver 20% in 2016 v 4% Foreigner restrictions in New Zealand, Singapore (+20% stamp) and Australia mortgage ban (Sydney -51%)

Taxation London -9%

Lisbon

Average price per sqm

€6,500 35,000

New start-up companies registered in 12 months

2nd Safest

capital in the world

Increase in tourism in 2017

22%

Average % rental yields

5.2%

Increase in Golden Visa requests by Brazilians since June 2017

222%

Invested in Golden Visa since 2012

€3,3bn

Accessibility, affordability, culture. 22+m tourists in 2017, Golden visa, No inheritance tax, start up incentives. Beware future AirBNB (18%)

Berlin

Newcomers every year

45,000 €3.01bn

Invested in start-ups during 2017

11.6%

Property price increase in 2017 Vacancy rate

1.6%

Of buyers are International

43%

Rental Market

85%

According to PWC for

• verall investment and

development prospects

1st

29 years old, Start up & tech capital, Mercedes innovation center Affordability, culture.

London

Visitors to London in 2017

19.8 million £468,845

Average capital value in wider London 2018

4,238

New technology companies in 2017 Gross prime yield in prime central London

3.3% 2nd

UK tier 1 Investor main applicant visas granted in 17/18

379

Prime properties average psf

£2,447

Source – Knight Frank research, VisitiBritatin Inbound stats, Forbes.com, Home Office and Nationwide

Knight Frank City Wealth Index 2018

Google 1bn HQ, Apple 1,400 staff in Battersea

• Schiphol – 6 runways.
• Tottenham Crt Rd - +85% in 10 yrs since Crossrail announced

Leading lights: top picks for private investors

Amazon Australia – end 2017 Increased Population, climate, water shortages = cropping area 3x size of France by 2030 Retail still imperative - showcase products & brand values, create a destination

LOGISTICS AGRICULTURE FLAGSHIPS

THANK YOU