Big pension funds eye Dubai property market | The National

Big pension funds eye Dubai property market | The National:

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Investors from around the world are watching to see whether Dubai is set to be
the centre of a second property bubble. Jaime Puebla / The National Newspaper 

Dubai property is expected to attract a wave of Asian money as big pension funds are forecast to seek US$150 billion in global real estate investments.

CBRE found that Asian institutional investors are looking to invest more than $150bn in property markets around the world over the next five years as they look to increase their exposure to global real estate, with Dubai one of their potential targets.

“Dubai’s strategic location between the East and the West, and its rapidly developing real estate market is gaining strong investor appetite from Asia, specifically from China, Malaysia and South Korea,” said Nick Maclean, the managing director of CBRE’s Middle Eastern operation."

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