UK brokers focus on Mideast buyers at CityscapeUK real estate brokers are preparing to take advantage of a surge of interest in British property at the upcoming Cityscape Global, a major real estate event in Dubai, UAE with Brexit providing reduced prices for US dollar pegged investors from More… |
New UK property rule 'may hit Mideast investors'A new UK legislation, which comes into effect on April 6, is likely to impact thousands of non-UK domiciles in the Middle East who have invested in the British property market through an offshore corporate structure, said an expert. More… |
Investing in an uncertain worldThe year 2016 will go down in history as a year that defied expectations. Summer saw the electorate in the UK send stock markets tumbling with an unexpected vote to leave the EU. On the other side of the Atlantic meanwhile, political outlier Don More… |
GCC investors freeze UK property deals on Brexit fearsGulf Arab investors, some of the biggest buyers of British real estate, are holding back from new deals because they fear a property price slump if Britain leaves the European Union, according to legal and investment sources. Sove More… |
GCC investors freeze UK property deals on Brexit fearsGulf Arab investors, some of the biggest buyers of British real estate, are holding back from new deals because they fear a property price slump if Britain leaves the European Union, according to legal and investment sources. Sove More… |
Bahrain bank Ibdar seals UK property dealBahrain-based Ibdar Bank said it has made a £8 million ($11.4 million) investment in a prime new residential project, Angel Gardens, to be developed in Manchester’s city centre, UK. Angel Gardens, consisting of residen More… |
GFH acquires prime UK residential propertyGFH Capital, a fully-owned subsidiary of Bahrain-based Gulf Finance House, has completed the acquisition of a prime UK residential property in line with its global investment strategy. Located in Kensington, the property is More… |
Investcorp buys $49m stake in British firmBahrain-based Investcorp, a global provider of alternative investment products, has acquired a majority stake worth £30 million ($49 million) in eviivo, a leading online property management firm in the UK. With headquarters in Lo More… |
UK property market facing blowAlmost half of British real estate professionals expect no broad improvement in Britain's depressed property market before next spring, a Lloyds Banking Group survey found. In its latest Commercial Property Confidence Monitor, the part-nat More… |
GSH Kuwait group buys UK propertyLondon-based Sharia-compliant wholesale investment bank Gatehouse, sister company of GSH Kuwait, has completed the acquisition of a prime office building in Leeds for £43.7 million ($66.4 million). Working closely with its sister company G More… |