Monday 10 June 2019
Real estate investment house The Blackmore Group has opened a Dubai office and plans to launch others in Japan and Hong Kong this year to expand its international presence.
The new offices will promote opportunities for international investors to invest in UK real estate.
The Dubai opening will also see the launch of the Manchester-based real estate company’s Blackmore Bond to an international market.
The office at Jumeirah Lakes Towers will built on the company's networks across the Middle East, Asia, Europe, Africa, and South America.
Dubai will act as the international HQ due to its location, time zone, and transport links, the company said.
In 2017, the Group launched the Blackmore Bond to invest in UK property development and has completed 18 projects. A further GBP 200 million worth of developments are in the pipeline.
The bonds provide fixed returns, with investors receiving security over the assets of the company.