API Global to open office in Saudi Arabia

API Global, in collaboration with leading UK property developers, Elevate Property Group and Investin PLC, head to CityScape Global in Saudi Arabia to showcase UK buy to let property to the exhibitions 180,000 attendees. Following the event in early September, API Global are planning to launch their second office in the Middle East, in the Kingdom of Saudi Arabia. With rental demand in the UK at an all-time high, developers across the UK are looking to build more stock to capitalise on the surge for rentals and deliver strong returns for investors both in the UK and overseas. API Global helps investors build passive income through property, with their sophisticated end to end solution. With a strong development book including off-plan, completed and below market value stock, investors can maximise their capital growth from day one of their investment. Why UK Property investments? Census data reveals the scale of the shift in the UK housing market, with the number of households renting in England and Wales more than doubling since 2001. 5 million households are now renting privately compared to 1.9 million in 2001, and home ownership rates have fallen from 64.1% in 2011 to 62.3% in 2021. Looking at more specific markets, hotspots such as London, Birmingham and Manchester are going through a period of unprecedented, sustained growth. Across the UK, rents have increased by an average of 11%, with this rising to 15.8% in London and over 23% in Manchester. In London, rents are increasing at their highest-ever rate and outside the capital, average rents have hit another new record of over £1,100 per month. Why Saudi Arabia? API Global have had an office in the Middle East (Dubai) since the company’s inception in 2013, serving expats and locals alike, looking to invest in one of the most stable and secure asset classes in the world, UK property. Looking to expand further into the region and to cater to the increased demand for their end-to-end investment and management service, API Global are now ready to open their second Middle East office in Saudi Arabia. Michael Leighton, CEO of API Global, said: “API are a truly global business, serving property investors across the UK and the Middle East. We’re proud to work with some of the best developers in the UK, including Investin PLC and Elevate Property Group, to bring high quality developments to the market. We’re the UK’s leading property investment company and opening our Saudi office will further solidify our position and bring more investment into the UK”. If you’re attending CityScape Global, 10-13th September, make sure you pay the API Stand a visit at H1 V11, near gate 3. For more information on API Global, please visit: https://www.apiglobal.co.uk/ ENDS For all other enquiries please contact: Lizzie Dixon, Head of Marketing - ld@apiglobal.co.uk Notes to editors: About API Global: API Global are the leading UK property investment specialists. API Global secure and package market-leading investment solutions for our global clients and partners, looking for exposure to one of the most stable, secure, and popular asset classes in the world – UK Real Estate. With 10 offices globally, an extensive track record and over £1B+ in total GDV sold, API Global are true market leaders and experts in all that they do. www.apiglobal.co.uk