Knight Frank Thailand in cooperation with Kasikornbank Private Banking opened a new window of opportunity for Kasikornbank’s high-net-worth in Thailand, growing their wealth through investment in luxury property in London, the world’s most attractive financial hub. The event reflected KNIGHT FRANK THAILAND and KASIKORNBANK PRIVATE BANKING’s positions as the world’s leading real estate consultancy and wealth management advisor, respectively.
Interesting information and insights on the market are featured in Knight Frank’s latest edition of The Wealth Report 2016, which tracks the growing super-rich population around the world. This was shared at the special event, “KNIGHT FRANK THAILAND & KASIKORNBANK PRIVATE BANKING: the Wealth Report 2016: UK PROPERTIES AND UK STUDIES” discussion held exclusively for KNIGHT FRANK THAILAND and KASIKORNBANK PRIVATE BANKING’s customers at the Suksamakhee Main Auditorium of K Bank, Phaholyothin Office. Participants were also invited to be a part of a remarkable trip to explore London’s upscale properties, exclusive schools and world-class universities later in September this year.
Mr. Phanom Kanjanathiemthao, Managing Director, Knight Frank Thailand Co., Ltd., said, “This report forecasts that Asia tops the absolute increase in the UHNWI population of the world at a 66% increase; 80% of UHNWIs have also increased the demand for international education. Moreover, London remains the most important city to the world’s UHNWIs as a centre of investment and a hub of education.
The London property market trend is very positive and it holds very high potential for investment, considering it is a hub for investment, with a secured financial system and good infrastructure, including the future cross rail which will increase connectivity into Central London. Investment in London property shall provide reasonable expected return, stable property price growth, and good rental yield. It also enjoys the position as one of the world’s major economic and travel destinations. A partnership with Kasikornbank Private Banking shall help Kasikornbank customers find the best opportunities that best suit their needs and enable them to optimize their investment opportunities for long-term success.”
Mr. Phanom added, “The trend shows that UHNWIs worldwide are eyeing investment alternatives, considering attractive property price with reasonable return in London’s property market. This will be a good opportunity to invest in the property market. This is a good time for Knight Frank and Kasikornbank Private Banking customers to reap benefits from the highest possible return on investment
Moreover, London is also the hub for education of Thai HNWIs; the education professional of Knight Frank London is also able to give in-depth advice. In the event, we have invited a London education professional to give advice to Thai HNWIs who may have interest in selecting a London school or university, including school classifications, admission processes, campus types and cost of living.”
Mr. Predee Daochai, President, KasikornBank, said, “Kasikornbank is confident that the children, grandchildren and families of our top tier of high net worth individuals have planned accordingly, especially when it comes to education, which is one of the most important considerations for High Net Worth customers. As such, we have collaborated with Knight Frank Thailand in hosting this seminar, which focuses on imparting knowledge to our most important customers about preparing their younger generation for higher education in the UK, one of the world’s top education markets. In addition, we hone in on opportunities to invest in real estate in England, especially in London, one of the most important global financial centres. Not only do the families benefit from the convenience of owning such properties while their children and grandchildren are studying in England, they will reap the long-term benefits of these investments. We strive to offer comprehensive advice, covering the range of needs of our customers.”
