Investorist Live China Roadshow 2016 Recap
“If anything can go wrong, it will”- Murphy’s Law.
This adage proved true for our second Investorist Live China Roadshow, which took place from March 18th-23rd with two shows in Shenzhen and Shanghai. From missing visas to airport closures and a lot of buses, trains, and taxis in between, it was without a doubt the most eventful Investorist Live to date. Despite the disasters, the shows went on and proved hugely successful with lots of important connections made and some fun had along the way.
The first thing to go wrong was the Crowngate International team being held up by their visa applications. If you’ve ever applied for a Chinese visa this probably comes as little surprise, it can be a lengthy and difficult application process.
With one of our key presenters absent for the first show on Friday, Investorist team member Andy Grimley stepped in to present on behalf of Crowngate. Luckily he already had a thorough understanding of their project, St Georges in Leicester, and did a great job! He did so well in fact that Crowngate received several enquiries straight after the show. Crowngate’s main project was St Georges, a boutique project of 57 in Leicester’s CBD. Leicester is considered the biggest rental growth city in the UK, with 45% growth in 2015, and the project was popular with the Chinese agents in attendance.
Belle Property International followed with a presentation from National Director Stephen Ivanusa, who presented their main project Broadway , just south of Brisbane’s CBD. Broadway will be the tallest building in Woolloongabba, spanning 24 levels and located within easy reach of The University of Queensland and QUT. This project was of particular interest due to the developer’s unique offering; the Majella Fund have an affiliation with the Bank of China that allows Chinese purchasers of Broadway to invest the funds in a 6% guaranteed yielding investment. The investment would then make them eligible to apply for immigration grants to Australia under the Significant Investment Visa program. This was a huge talking point at the event and generated a lot of excitement.
After the first show the team got together at a nearby pub to watch the famous F1 Australian Grand Prix. This was a particularly bittersweet moment for those from the Melbourne team who were unable to take advantage of our new office location overlooking Albert Park Lake. With translators and the Investorist team in tow, the presenters spent the weekend having one-on-one meetings with contacts made at Friday’s show.
Unfortunately the catastrophes continued on Monday when a storm wreaked havoc across the east coast of China. When the team arrived at the airport to board their flight to Shanghai, they found the airport had shut down and they had to make alternate travel arrangements. With less than 24 hours to get to the second show, some of the delegates had to take trains and taxis to Hong Kong for an early morning flight from there. Others who didn’t have a re-entry visa were forced to take a 6-hour bus trip to JieYang to fly from there. Running on less than two hours sleep, everyone headed straight from the airport to the Marriott Hotel and made it to the show just in time.
Stephen Sutorius, Sales Director of Conrad Properties Group, presented their Auckland project The Vincent. The 196-apartment building is in the centre of the CBD and just a few minutes’ walk from The University of Auckland, Auckland University of Technology, and Auckland’s shopping and dining precinct Queen Street. Pinnacle Alliance, a leading master agent in the UK and Hong Kong, had UK Director Julie Harvey present Discovery Quay in Manchester. The student apartments are ideally located within easy reach of three major universities;The University of Salford, The University of Manchester, and Manchester Metropolitan University who have a combined total of over 85,000 students.
Little Projects’ Sales Manager Peter Susman addressed the room full of agents to present Dux, Richmond Hill. The mixed-use development is located in the highly sought-after area of Richmond in Melbourne. It offers a sophisticated pool and terrace level with shared spaces to enjoy the water, sun, dining facilities and sweeping city views.
After all the calamities and commotion, the trip was still an overall success with lots of business done throughout the week and a great time had by all. The Investorist UK, China, and Australia teams all came together with some of their leading clients to put on a great China Roadshow. Keep an eye out for our highlights video coming soon!