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Mena's super rich eyeing commercial real estate sectorCommercial real estate is expected to become an established component of the investment portfolios of the ultra-high net worth individuals (UHNWIs) from the Middle East and North Africa (Mena) region over the next decade, said a report. More… |
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Super-rich shaping world property marketPrivate wealth is increasingly shaping the world’s real estate markets and the use of private equity in major property deals worth at least $10 million has nearly trebled since 2009, said a report. Real estate now accounts f More… |
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Wealth-X to provide news on super richWealth-X, the world’s leading ultra high net worth (UHNW) intelligence provider, has launched a unique digital intelligence and analysis platform collating daily news about the ultra wealthy – Wealth-X News. Wealth-X N More… |
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Middle East millionaires' wealth totals $1.7 trillionThe number of millionaires in the Middle East swelled 10.4 per cent in 2010 to 400,000, while their wealth jumped 12.5 per cent to $1.7 trillion, a report said. Meanwhile, the ranks of millionaires in Asia for the first time surpassed Eur More… |
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ME developers woo China's new super-richMiddle East property firms are targeting China's rapidly-growing club of super-rich investors with their iconic developments as the Asian giant streaks ahead of developed economies in the world wealth rankings. The Middle East's Meydan, ET More… |
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China super-rich hit 150,000, growing fastChina has 150,000 super-rich with personal wealth of $5 million or more and their ranks are rising fast, pushing up prices for golf, yachting, villas and other luxuries, researcher Rupert Hoogewerf said on Wednesday. "The number of wealthy More… |
