GlobalChina Wealth Management Company an intermediary company who claim to help Chinese state owned companies, listed companies and high net worth individuals to invest in Europe, UK properties, energy and infrastructure are said to be eyeing serious inward investment into England’s second city.
Birmingham is the largest and most populous British city outside of London and with London real estate prices in both residential and commercial segments at eye watering levels investing into Birmingham may be a shrewd move.
According to reports coming out of the UK the consortium headed by Denise Li have spoken about regeneration around Birmingham’s Curzon Street Station. Curzon Street railway station is planned to be the northern terminus for phase 1 of the High Speed 2 rail link from London, due to open in 2026. It would be natural for the areas surrounding the station to become property investment hot spots.
A group, which included one of Taiwan’s richest men, met Birmingham City Council’s deputy leader last week to discuss investment opportunities.
Supporters of Birmingham City Football Club were also the recipient of Hong Kong investment and that didn’t end too well. Some locals may therefore be skeptical about the latest noises of altruistic investment in the city.
