Portergate takes its UK investment message east
Salford student accommodation provider Portergate Property Management is heading east to take its strong investment message to China next month.
Company chairman Anthony Jackson will lead the Portergate team as it makes an appearance at the ninth high-profile Overseas Property Investment Show in Shanghai.
The event, from October 2-5 at the prestigious Shanghai Exhibition Center, is set to attract more than 130,000 visitors.
Portergate is currently rolling out its boutique student living concept across the North West of England and has already attracted major overseas investment interest. Its aim is to build on this and the visit to China is part of the strategy.
It has just opened a £7million new-build student accommodation development in Salford, has received planning permission for a £18 millon project in Preston, Lancashire, and has plans for a third project near MediaCityUK at Salford Quays.
It now has more than 500 rooms open, under construction or with planning consent across the North West.
The company will provide information and advice to potential investors during its Shanghai trip.
It will also explain the background to why investing in student accommodation in the UK is becoming so popular among overseas investors.
The exhibition is truly international and is seen as a major platform for overseas companies looking to promote their projects in the Chinese market.
The previous event by organisers attracted 160 overseas exhibitors who came from more than 30 countries and regions.
With the rapid growth of their economy, overseas property and investment has become a new investment concept for Chinese people.