Wednesday 16 April 2014

London retains edge with Middle East investors | GulfNews.com

London retains edge with Middle East investors | GulfNews.com:



"London continues to attract significant attention from foreign buyers and last year the City retained the crown as Europe’s leading real estate investment market, taking 23 per cent of the entire European capital flow.



This is the highest yearly total ever seen in Europe for a single city. Middle East investors were responsible for almost a fifth of that figure. Seventeen per cent, or 5.4 billion euros, of London’s commercial real estate investment originated in the Middle East, up from 7 per cent from 2012.



With such a large proportion of its commercial real estate owned by investors from one region, is London leaving itself exposed — and can it last?



Such is the strength of demand that supply is struggling to keep up. So there is an expectation that this demand will increasingly spread out of London to other UK cities."



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