Mr Chen Yang, CEO of CL Capital Management were invited by YiCai “GoGlobal” to share his view about the Real Estate industry in Britain.
“GoGlobal” is a TV show focusing on the global development of Chinese companies. It is highly supported by Shanghai Municipal Commission of Commerce and Overseas Chinese Affairs Office of The State Council
Ctrip (hereinafter “Ctrip”) together with F&H from Singapore as well as Meta asset management from China, jointly established a fund management platform – CL Capital Management. CL Capital Management will set up a cross-border hospitality fund in Shanghai Free Trade Zone as the fund manager.
It is reported that the first phase of investment will be placed in the European region. The economy of Europe has not yet been fully recovered and a lot of high-quality assets are undervalued, which is ideal timing for investment.
The most typical real estate investment preference of Chinese people is penetrating to the overseas asset allocation. Those who purchased overseas homes are also considering buying hotel. “Small boutique hotel in Britain, France and other European countries, can achieve up to three times of the domestic hotel revenue; we have approached some British castle hotels which cost only millions of pounds and the asset prices are rising but the number of the targets is not so huge and investors may have one or two years’ time to involve.” CEO of CL Capital, Mr. Chen Yang said in our interview.
