# Manchester-Beijing route drives inward property investment right on time for Christmas Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2017-12-05 Category: LIFESTYLE Category URL: https://financedigest.com/category/lifestyle Meta Title: Manchester's Chinese Tourism Boom: Direct Flights Meta Description: Discover how Chinese investments in Manchester, including direct flights and property purchases, are boosting the city's economy. Find out more! URL: https://financedigest.com/manchester-beijing-route-drives-inward-property-investment-right-on-time-for-christmashtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/fd051217-3-1736843180231-compressed.jpg) - **Hainan Airlines’ new direct flights to China generated hundreds of millions for northern England’s economy (Steer Davies Gleave)** - **Chinese investment in Manchester property rose by 54% (Steer Davies Gleave)** - **22,000 Chinese visitors expected during Christmas holiday (Manchester Airport)** - **Properties of the World sees 30% rise in Chinese [property buyers](https://www.financedigest.com/uk-buyers-lead-interest-in-megacity-istanbul-accounting-for-21-51-of-all-property-enquiries.html "UK BUYERS LEAD INTEREST IN ‘MEGACITY’ ISTANBUL, ACCOUNTING FOR 21.51% OF ALL PROPERTY ENQUIRIES") over the last year** ![Chinese interest](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/2-1-1736843180206-compressed.jpg) Manchester’s economy is decisively booming thanks to the city’s new direct flights to Chinese destinations, according to new report undertaken by consultancy Steer Davies Gleave. [Launched last](https://www.financedigest.com/mercedes-benz-launches-e-class-its-last-new-combustion-engine-model.html "Mercedes-Benz launches E-Class, its last new combustion engine model") year, the new Hainan Airlines route between Manchester and Beijing has provided a boost of £200 million per month in tourism to the region. This tourism income is [set to rise](https://www.financedigest.com/bank-of-england-set-for-second-hefty-rate-rise-in-a-row.html "Bank of England set for second hefty rate rise in a row") further as the biggest influx of Chinese tourists arrives during the festive season with Manchester International Airport expecting some 22,000 passengers in December. Staff have been trained in Mandarin to cope with the boom in Asian guests. Many of these visitors come to spend their yuan at traditional Christmas markets and [shopping malls](https://www.financedigest.com/covid-cant-break-south-africas-love-affair-with-shopping-malls.html "COVID can’t break South Africa’s love affair with shopping malls") but Chinese interest in Manchester during this holiday period also extends to the city’s bricks and mortar. With Cathay Pacific increasing its service from Manchester to [Hong Kong](https://www.financedigest.com/evergrande-winding-up-lawsuit-in-hong-kong-adjourned-to-nov-7.html "Evergrande winding-up lawsuit in Hong Kong adjourned to Nov 7") with daily flights starting from December 1st, Manchester is fast becoming a key location, and indeed rival to London, for Chinese travellers. ![Manchester](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/3-1736843180222-compressed.jpg) Indeed, just as the [airlines put their landing](https://www.financedigest.com/uks-heathrow-airlines-appeal-regulators-landing-fee-cut.html "UK’s Heathrow, airlines appeal regulator’s landing fee cut") gear down in Manchester, so too are potential investors with enquiries to property agencies rising by 54% since the launch of direct flights between Manchester and China reports Steer Davies Gleave. One property investment consultancy which has seen just such a rise in interest is [Properties of the World,](http://r20.rs6.net/tn.jsp?f=001NPtvCuEUAWcLEJNYhXdiDKK_PO6-dTzSiUt64sq3Twks6OAPzTZByj2ax5gVgMqhKw-pxzOhzRhlSPQ4xjaISAF4dHCrFnxmZxixoCKdqUMWbIKiM-1JaKeHo-2KttW2W4BGROsmoG8ASvKardgj0fSERjHhRGNYgAQwdKflM84L5UgAIhQmUmSvx0Br73BZ&c=tYK7a-XAL58bjRGWtFKDol_4TSD7PAh1wIEIgpRCcdKtuIbryEAZNQ==&ch=O7wLNWvi2oAuFvGuALyBWTS-Dy7jeZjRJt0sVrNFPg-cIHNFV4sPkQ==) which has recorded a 30% increase Chinese investors over the last year. _Much of the inward investment pipeline for Manchester, including property, is from Chinese [companies and investors and so direct flights from the city to a range of key Chinese destinations is important to enable](https://www.financedigest.com/game-company-roblox-enabled-girls-sexual-exploitation-lawsuit-claims.html "Game company Roblox enabled girl’s sexual exploitation, lawsuit claims") those who own assets here are able to visit regularly and with ease. Manchester’s door is very much open to the East.”_ ![Jean Liggett, CEO, Properties of the World](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/jean-liggett-1736843180070-compressed.jpg) Jean Liggett, CEO, Properties of the World **_Jean Liggett, CEO,_** [**_Properties of the World_**](http://r20.rs6.net/tn.jsp?f=001NPtvCuEUAWcLEJNYhXdiDKK_PO6-dTzSiUt64sq3Twks6OAPzTZByj2ax5gVgMqhKw-pxzOhzRhlSPQ4xjaISAF4dHCrFnxmZxixoCKdqUMWbIKiM-1JaKeHo-2KttW2W4BGROsmoG8ASvKardgj0fSERjHhRGNYgAQwdKflM84L5UgAIhQmUmSvx0Br73BZ&c=tYK7a-XAL58bjRGWtFKDol_4TSD7PAh1wIEIgpRCcdKtuIbryEAZNQ==&ch=O7wLNWvi2oAuFvGuALyBWTS-Dy7jeZjRJt0sVrNFPg-cIHNFV4sPkQ==) Xu Xiong of Properties of the World cites the fall of the pound as the reason for this recent boom in Chinese [investment commenting that “Chinese investors](https://www.financedigest.com/why-are-investors-checking-out-of-uk-buy-to-let-and-checking-in-to-hotel-investment.html "WHY ARE INVESTORS CHECKING OUT OF UK BUY-TO-LET AND CHECKING IN TO HOTEL INVESTMENT?") are still taking advantage of the drop in Sterling against the Yuan, snapping up homes in the UK as the yields available are twice as high as those in China.” For Chinese investors looking to treat themselves to a UK buy-to-let property this festive season then the new [Northill](http://r20.rs6.net/tn.jsp?f=001NPtvCuEUAWcLEJNYhXdiDKK_PO6-dTzSiUt64sq3Twks6OAPzTZByht2AuQEZCtIzZDuY3MtjUu5myvAKkRk3o2JIP2nzMPjPNw9t51dBIVuD4CIalJp--8Nps3zmBdnwH1wodfISfgbiQS1yXsgYGVYLl2oaZrmuXA9M8Jd8Okb1yy9fI1xa5qY52BzZdr5uNM1ldo3saFjqRQNrBRP093Cef1QNgY0TraPP8kUIek=&c=tYK7a-XAL58bjRGWtFKDol_4TSD7PAh1wIEIgpRCcdKtuIbryEAZNQ==&ch=O7wLNWvi2oAuFvGuALyBWTS-Dy7jeZjRJt0sVrNFPg-cIHNFV4sPkQ==) apartments, right on the Manchester waterfront, are the perfect choice. Northill’s prime [luxury residential homes](https://www.financedigest.com/the-irrevocable-innovation-to-drive-the-ready-to-move-in-luxury-homes-market.html "The Irrevocable Innovation To Drive The Ready To Move In Luxury Homes Market") comprise 1, 2 and 3 bedroom apartments from £109,995 with assured returns upwards of 6% NET. Situated right in the heart of the tech hub that is Salford Quays, it is in the premium destination to work, live and invest. **_“Christmas is an ideal time for buyers to scour the planet for enticing investment opportunities. Projects like Northill, where construction is well underway, are particularly attractive as their looming completion dates mean that buy-to-let [investors can already see](https://www.financedigest.com/analysis-weary-investors-see-little-respite-to-fed-hike-gloom.html "Analysis-Weary investors see little respite to Fed hike gloom") their end goal and the assured rental returns offer financial peace of mind too.”_** **_Jean Liggett, CEO_** [**_Properties of the World_**](http://r20.rs6.net/tn.jsp?f=001NPtvCuEUAWcLEJNYhXdiDKK_PO6-dTzSiUt64sq3Twks6OAPzTZByj2ax5gVgMqhKw-pxzOhzRhlSPQ4xjaISAF4dHCrFnxmZxixoCKdqUMWbIKiM-1JaKeHo-2KttW2W4BGROsmoG8ASvKardgj0fSERjHhRGNYgAQwdKflM84L5UgAIhQmUmSvx0Br73BZ&c=tYK7a-XAL58bjRGWtFKDol_4TSD7PAh1wIEIgpRCcdKtuIbryEAZNQ==&ch=O7wLNWvi2oAuFvGuALyBWTS-Dy7jeZjRJt0sVrNFPg-cIHNFV4sPkQ==) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---