New York beats London as top property hub after BrexitNew York has knocked off London as the world's premier city for foreign investment in commercial real estate due to fears the vote to leave the European Union would diminish the British capital's appeal as a global financial centre. More… |
UAE wealthy to spearhead global property investmentA cosmopolitan lifestyle and increased disposable income are likely to be among the main factors that influence the selection of a real estate investment destination for buyers in the Middle East region, said a study by leading international rea More… |
Oil price slump 'driving property investment'Falling oil prices should free up more capital to be spent on consumer goods, which should in turn present more property opportunities to feed the increasingly hungry private investor, a report said. Private Investors accounted fo More… |
Qataris top Dubai property investmentQataris emerged the largest buyers of the property in neighbouring Dubai, UAE, with a per capita investment of Dh9.37 million ($2.55 million) for the period between January 1 and November 15 last year, said a report ahead of a real estate event. More… |
New York top spot for global property investorsNew York City regained its top position among global commercial real estate buyers, unseating London and highlighting the appeal of US properties in general, according to a survey of international investors released Tuesday. More More… |
UAE property ‘seen more as investment’There has been a noticeable shift in the profile of visitors to the recently concluded real estate event Cityscape in Dubai, with a marked increase in investors enquiring about property as an investment, said an industry expert. & More… |
ME investors prefer hotel, residential assetsInvestors in the Middle East stated an appetite for hotel and residential assets above the other asset classes, with residential in Saudi Arabia and hotels in Egypt the most popular investment targets in a recent survey. Seventy per cent o More… |
Qatar Diar eyes $2.5bn loan for Cegelec buyQatar's property investment arm Qatari Diar is close to launching syndication of a 1.7-billion-euro ($2.5 billion) loan to finance the Gulf state's acquisition of French engineering company Cegelec, a magazine reported. Qatar Natio More… |