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Influx of Foreign Buyers for Prime London Property Boosts Anglo Pacific’s Fine Art Shipping

More than half of London’s most expensive residential property sales went to overseas buyers in 2011 and, as a result, the shipping of fine art and antiques is becoming a serious growth business for Anglo Pacific.

 
PRLog - Mar. 27, 2012 - PARK ROYAL, U.K. -- London property values have consistently outperformed the FTSE 100 since 2000 and the Capital is earning itself a reputation as a safe haven for foreign investors with Asia-Pacific nationals leading the way.  More than half of London’s most expensive residential property sales went to overseas buyers in 2011 and, as a result, the shipping of fine art and antiques is becoming a serious growth business for Anglo Pacific.  

Long-term Anglo Pacific client, Andy Parmiter, Director of London-based interior concept management company, Viventi Solutions, explains, “Currently not one of our clients is a UK national.  We are dealing with ultra high net worth individuals from Russia, South America, Azerbaijan, Pakistan, China, Singapore and so on who see the value of choosing the UK for long-term investment.  They want to hand over responsibility for designing and furnishing their overseas assets and for Viventi Solutions that often means a good deal of international shipping.  As most of these investors’ exquisite paintings and antique furniture are literally priceless, we turn to Anglo Pacific’s specialist fine art shipping division for a safe pair of hands.”
 
As the debt crisis unfolds in the Eurozone, London’s accessibility, status as a finance centre, fair legal and political system and pound sterling are all seen as plus points for investors.  The Olympic effect has also helped throw the spotlight on London.  Such is the influx of foreigners that estate agent Colliers believes that prices will rise in core central and high-end residential districts by 5 to 10% in 2012, bucking the overall UK trend.  And, according to Jones Lang LaSalle, with nationals from the Middle East now taking 9% of market share for residential property purchase in London in 2011, up on 5% for 2010 - fast catching up with Asia-Pacific’s 15% - Anglo Pacific’s fine art shipping experts are in for a busy few years.  

Terry Horsnell, Anglo Pacific’s Fine Art Consultant, comments, “Having been in the business for 30 years, Anglo Pacific has mastered the vagaries of the various draconian customs and import laws around the world and can really add value to clients such as Viventi Solutions.  For example, recently we gathered together on their behalf items bought at auction in Amsterdam, Milan, Limassol and the New York and had them specially wrapped and cased for storage in London prior to delivery to the client’s residence.  Viventi Solutions know that we’ll handle the customs and, most importantly, the pieces will not get damaged.  Invaluable when dealing with this calibre of client.”

About Fine Art Shipping - Anglo Pacific is proficient in the packing and transportation of bespoke and reproduction furniture, antiques, historic and contemporary works of art, sculptures and items of architectural merit.  Testament to our expertise and excellence, we are the number one choice for many antique dealers, art galleries, museums, interior designers and private buyers and collectors across the globe – including various royal families.  We are members of both the London and Provincial Antique Dealers Association (LAPADA) and the British Institute of Interior Design (BIID).

Contact Anglo Pacific on 020 8838 8008, email antiques@anglopacific.co.uk or visit www.anglopacific.co.uk.

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for further press information or photography please contact Sarah Drane
on sarah@purplecakefactory.com or call 00 34 607 564 726

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About Anglo Pacific - As the UK’s largest independent international removals company, Anglo Pacific handles around 20,000 baggage shipments and overseas removals annually. A known market leader for Australia, New Zealand, the USA, Canada and South Africa, Anglo Pacific has been established for more than 30 years and has an unrivalled reputation for friendly, professional and reliable container shipping services. What's more, as a fully bonded member of the British Association of Removers, clients’ belongings could not be in safer hands.

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Source:Anglo Pacific
City/Town:Park Royal - London - United Kingdom
Industry:Shipping, Arts, Property
Tags:shipping, removals, Anglo Pacific, antiques, fine art, London, Real Estate, Property, russia, storage, paintings
Shortcut:prlog.org/11834858
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