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US SEEN AS SAFE OPTION

GCC investors eye mature property markets amid low oil

DUBAI, June 23, 2015

With the lowering oil price having a knock-on effect on the local property scene, GCC investors are looking towards more mature markets that can withstand the fluctuating price of oil, while also offering institutional grade products.

The emerging preference for property investment is in the US; a fact boosted by an enduringly strong dollar, and long-standing economic prowess, said Dominic Docherty, the chairman of Capital Assured, a real estate investment, management and development firm.

The Centre for Economics and Business Research's World Economic League Table 2015 yet again saw the US at the top of the benchmark list of the world's strongest economies, Docherty pointed out.

Expected to retain this spot for at least the next decade, it remains a savvy choice for GCC investors wishing to diversify into more stable and secure locales.

"The US market continues to offer highly developed, secure investment opportunities, bound by strong corporate governance and protected by efficient local financial markets," added Docherty.

"By concentrating on the upward trend of GCC investors investing in the US property market, we at Capital Assured are confident we will beat the local market trends for an investment slowdown - whilst simultaneously sending a strong message of confidence to our investors."

Capital Assured also today (June 23) announced its appointment of Robin Titus as its new general manager.

The appointment reflects the company’s commitment to providing wealth creation and investment management services for its clients around the globe with a focus on providing resilient opportunities in the US, a statement said.

"During times like this it's not hard to find capital: it's hard to find good quality opportunities, especially within the current global economic state," said Titus.

"The secret to a portfolio's success is continually sourcing a range of lucrative business opportunities - and our track record proves we have the ability to find good quality opportunities that protect wealth and generate income."

Titus brings with him ten years of international market and investment experience from a leading deal facilitation company. His knowledge of bridging the gap between emerging and developed markets to protect wealth will see him grow the company’s investment network in the US.

He will be based in the company's Dubai office supporting operations in Buenos Aires and London and the company's headquarters in Miami, Florida.

Capital Assured is headquartered in the US city of Miami, offices in Dubai, UAE, London, UK and Buenos Aires, Argentina. – TradeArabia News Service




Tags: property | oil price | GCC investors |

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