2019财富报告全球优质房地产和投资的展望莱坊2019349页

THEWEALTHREPORT2019Theglobalperspectiveonprimepropertyandinvestment1KNIGHTFRANK.COMTHEWEALTHREPORTWelcometoTheWealthReportPredictingwhatthenext12monthshaveinstoreforourclientshasprovedtobeaninterestingprocess.Themultitudeofglobal,politicalandeconomicconcernsthatImentionedonthispageayearago,farfrombeingresolved,haveincreasedandbecomemorecomplex.Nevertheless,Iamoptimisticabouttheyearahead.Theremaybechallenges,buttherewillalsobeconsiderableopportunitiesforourclientsasmarketsflex.Inthisyear’seditionofTheWealthReportwehighlightresidentialandcommercialmarketsacrosstheworldthatofferopportunitiesandoptionsforthoselookingtoinvestinproperty.Tohelpourclientsaccesstheseopportunities,wehavecreatedaPrivateOfficededicatedtosupportingyourpropertyneeds.Findoutmoreonpage40.Ourglobalnetworkhasalsoexpanded,withnewassoci-ationsinNewZealandandanexpandedplatforminEuropeandChina,andweseegreatopportunitiesinJapanoverthenextfiveyears.Withclearpoliticalleadershiplackinginmanypartsoftheworld,privateindividualsandcorporationsareincreasinglytakingupthereinswhenitcomestodeliveringawholerangeofpublicgoods.InthiseditionI’mveryproudthatwehavebeenabletopersuadesomeoftheworld’sleadingconservationists,includingDrLisbetRausing,KristineTompkins,JochenZeitz,CarolineRupertandSirRichardBranson,totalktousabouthowtheyhavebeenusingtheirwealthandpropertytoprotecttheenvironment.Theirworkisfascinatingandinspiring.Ourannualupdateontheglamorousworldofinvestmentsofpassionalsooffersanintriguingglimpseofwhatishappeningoutsidetheworldofrealestate.AsourclientbaseofUHNWIsandfamilyofficescontinuestogrow,ourfocusonservicebecomesevengreaterasweaimtoprovidemarket-leadingadviceandinsightbackedupbyatotallycustomer-centricapproach.Beingprivatelyownedandagileallowsustoputourclientsfirst,especiallyatthosechallengingtimeswhentheyneedusmost.IdohopeyouenjoythiseditionofTheWealthReport.Asalways,mypartnersandIarekeentosupportandguideyou.LORDANDREWHAYGLOBALHEADOFRESIDENTIAL13thEditionTheWealthReport2019COMMISSIONEDBYLordAndrewHayEDITORAndrewShirleyGLOBALHEADOFRESEARCHLiamBaileyWRITTENBYKNIGHTFRANKRESEARCHTomBillAnthonyDugganKateEverett-AllenGráinneGilmoreFloraHarleyNicholasHoltDavidJiSophiaKingWilliamMatthewsLilyNguyenCHIEFECONOMISTJamesRobertsGROUPHEADOFMARKETING,COMMUNICATIONS&DIGITALSimonLeadbetterCREATIVEHEADOFPUBLICATIONSChristopherAgiusHEADOFPUBLICATIONSKateMowattHEADOFCORPORATECOMMUNICATIONSAliceMitchellSUB-EDITORLouiseBell,SunnyCreativeCOVERBenFearnleyILLUSTRATIONSMutiSHOUTDATAVISUALISATIONSNicholasRappPRINTEDBYOptichromeALLKNIGHTFRANKCONTACTS:[e-mail]finitionsUHNWIUltra-high-net-worthindividual–someonewithanetworthofoverUS$30millionexcludingtheirprimaryresidenceHNWIHigh-net-worthindividual–someonewithanetworthofoverUS$1millionexcludingtheirprimaryresidencePRIMEPROPERTYThemostdesirableandmostexpensivepropertyinagivenlocation,generallydefinedasthetop5%ofeachmarketbyvalue.PrimemarketsoftenhaveasignificantinternationalbiasintermsofbuyerprofileNOWAVAILABLEViewTheWealthReportandpropertiesfromaroundtheworldonyourdevicetodayknightfrank.com/wealthreportDatasourcesNumbersfromKnightFrank’sproprietaryresearchandfromcarefullyselectedthirdpartieslieattheheartofTheWealthReport’sfindings.Someofthereport’skeysourcesaredetailedbelow.PROPRIETARYRESEARCHThePIRI100Nowinits12thyear,theKnightFrankPrimeInternationalResidentialIndex(PIRI100)tracksthemovementinluxurypricesacrosstheworld’stopresidentialmarkets.TheIndex,compiledusingdataproducedbyourresearchteamsaroundtheworld,coversmajorfinancialcentres,gatewaycitiesandsecondhomehotspots–bothcoastalandrural–aswellasleadingluxuryskiresorts.TheAttitudesSurveyThe2019instalmentofthisuniquesurveyisbasedonresponsesprovidedduringOctoberandNovember2018by600privatebankersandwealthadviserswhobetweenthemmanageoverUS$3trillionofwealthforUHNWIclients.SpecialthankstoAlfaBank,ANZBankAustralia,ANZBankNewZealand,Barclays,CathayUnitedBank,CitiPrivateBank,CTBC(Philippines)Corporation,ICEALIONAssetManagement,MacquariePrivateBank,MaybankPhilippines,NedbankPrivateWealth,NICGroup,RBCWealthManagement,SumitomoMitsuiTrustBankLtd,TrustPlutusWealthManagers(India)andUOBPrivateBankfortheirparticipation.THIRDPARTYDATAGlobalDataWealthInsightProviderofthisyear’shigh-net-worthwealthdistributiondata,GlobalDataWealthInsightdelivershighqualityintelligenceonglobalHNWIsandUHNWIs.Deliveringasuiteofresearchproductsandbespokeservices,itisanintuitiveandvitalresourceforthoseworkingandhopingtoworkwithwealthyindividualsandtheirfamilies,includingwealthmanagers,not-for-profitorganisations,schoolsanduniversities,casinos,estateagencies,[e-mail]eWiththeindustry’slargestin-houseteamofresearchersandanalysts,workingalongsidethemostrespectedmarketcommentators,theSuperyachtIntelligenceAgencyisthemostrespectedsourceofmarketanalysis,insi[e-mail]2011,WINGXAdvanceprovidesbusinessintelligencefortheglobalprivate