Thursday 29 August 2013

Saudi Gazette - Middle East investors drive European real estate market

Saudi Gazette - Middle East investors drive European real estate market:

"Middle East and North American investors are the major drivers of increased activity in the European commercial real estate market and buyers from outside the region now account for more than a quarter of all transactions in H1 2013, according to the latest data by CBRE, the global real estate consulting firm.

Investors from the Middle East increased investment activity, accounting for 9 percent of the entire market and 21 percent of cross-border transactions in H1 2013.

Capital from the Middle East is generally institutional in nature, with nearly half of the total coming from the region’s sovereign wealth funds. "

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