JLL International Residential and Richmont's Collaboration Agreement Opens Up UK Property Market to Thai Investors

 

Second from left: James Puddle, Head of International Residential, Southeast  Asia JLL, Second from right: Tim Skevington, Managing Director of Richmont’s Thailand

 

Bangkok, THAILAND – 18^th September 2024 – A new agreement between Jones Lang LaSalle’s International Residential business (JLL) and Richmont’s (International) Co., Ltd. (Richmont’s) will create a unique opportunity for Thai investors interested in properties in the United Kingdom and other global investment markets.

 

JLL’s International Residential business and Richmont’s have signed a comprehensive collaboration agreement covering the sales and marketing of residential properties from overseas in Thailand. The agreement also extends to sales of Thai developments introduced by Richmont’s through JLL’s International Residential sales network, particularly in South East Asian markets.

 

JLL’s International residential business is appointed the exclusive international sales agency across South East Asia for Barratt Developments PLC, the UK’s biggest home builder. Barratt London is a multi award-winning company and has been building in the capital for over 50 years, completing over 50,000 homes. Under the new collaboration agreement, Richmont’s will now form part of this mandate locally in Thailand, opening an exciting new channel for Thai buyers looking to invest into the United Kingdom.

 

In addition to JLL’s lead agency mandate from Barratt London, JLL and Richmont’s collaboration brings Thai investors an extensive range of best-in-class residential projects from a wide range of developers across London and the wider United Kingdom, as well as other important global investment markets including Australia, Dubai and Japan.

 

A showcase of some of the exciting new development opportunities from JLL and Richmont’s portfolio includes:

 

Ebury, Westminster, A Landmark Development in SW1

   

 

Experience a new way of living at Ebury – a vibrant award-winning residential destination in central London.

 

Ebury boasts an exclusive location in the golden postcode neighbourhoods of Belgravia, Chelsea and Westminster. Close to the river and many of the city’s iconic and historic buildings, and just a short walk to Sloane Square and Victoria stations – Ebury is perfectly placed to experience the best of central London living.

 

Ebury comprises nine residential buildings featuring 1, 2 and 3 bedroom apartments and 3 and 4 bedroom duplexes for sale, with prices starting at £885,000. Richmont’s will host a sales event for Ebury at the Rosewood Hotel, Bangkok, on 5^th and 6^th October.

 

Paddington Gardens, Paddington Basin, London, W1

   

 

Set over 20-floors, Paddington Gardens is ready for occupation now and boasts a range of residents facilities that include a 24-hour concierge, an elegant resident’s lounge, just over one acre of landscaped gardens, and secure parking.

 

Paddington Gardens are just 5 minutes’ walk to London Paddington station – home to National rail, Crossrail, the London Underground and the Heathrow Express. Paddington Gardens’ location in London’s Zone 1 transportation area means it is an ideal base for students wishing to attend the capital’s leading schools and universities, many of which are within 30 minutes of the development when travelling on the Underground. Prices at Paddington Gardens start at £825,000.

 

The Founding, Canada Water, London

 

First opportunity to buy into London’s newest and most sustainable district for central London by British Land

 

British Land recently launched a collection of 186 studio, one, two- and three-bedroom net zero apartments, at The Founding, Canada Water, with prices starting from £704,000. This 35-storey residential building is the first chance to buy in this new central London district as it undergoes transformation as one of the largest multi-phase developments in Europe.

 

Barratt London’s Portfolio

As the UK’s largest home builder, Barratt has numerous property developments attractive to Thai investors, particularly in London. Barratt’s portfolio is designed to appeal to both Thai families seeking a base in London, for example while their children are studying in the UK, and the growing number of Thai investors looking to diversify their property portfolio.

 

JLL and Richmont’s will be showcasing Barratt London’s portfolio of projects regularly in Thailand, with launch events occurring throughout September and October 2024. The first event will feature the latest phase of Eastman Village on 28^th September at The Standard Hotel, Bangkok.

 

Only 12 minutes from central London, Eastman Village is one of Barratt London's standout developments, transforming the historic Kodak film factory site in Harrow, with prices starting from only £350,000 and projected rental yields up to 6.7%.

 

    

          

 

At a time of growing interest among Thai investors to purchase property overseas, JLL & Richmont’s diversified portfolio of new residential developments provides a wide range of purchase opportunities from ultra-luxury central London homes to affordable rental and capital growth investments with high tenant demand.

 

James Puddle, Head of International Residential for JLL in Southeast Asia, said: “Our new agreement with Richmont’s is perfectly timed for Thai property investors looking to purchase UK assets. Our connections in the UK provide Thai buyers with a diverse range of property types and levels of price points. Our partners in the UK are prestigious developers and offer great investments for Thai investors who want to diversify their portfolios.”

 

Tim Skevington, Managing Director of Richmont’s Thailand, added: “Our collaboration with JLL’s International Residential business is a fantastic opportunity for us to expand our services and provide established channels of expertise in the UK property market to our Thai clients. Together with JLL, we can offer Thai buyers dedicated assistance throughout the purchase and management process, with experienced customer service staff in both London and Bangkok.”

 

Interested buyers and investors can contact Richmont’s International Project Marketing department at Tel. 062 427 9798, email to ipm@richmonts.com or visit www.richmonts.com for more information.