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FINANCIAL NEWS
ME investors pump USD11.5b into global real estate sector
10 Sep 2015
(MENAFN) Recent data from global property advisor CBRE Group, Middle East investors pumped a total of USD11.5 billion into direct real estate globally in the January-June period of 2015.
The first-half figure compares to total Middle East outbound investment during the whole year of 2014, which stood at USD13.8 billion, the released data showed.
In terms of countries, Qatar continued to top the list with the largest source of outbound capital from the region, with total investments reaching USD9.834 billion, the research showed.
London is the main recipient of investments during the first six months of the year, receiving USD2.8 billion and representing 24 percent of Middle Eastern outbound capital.
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