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FINANCIAL NEWS
ME investors very active in London real estate market
31 Oct 2013
(MENAFN) Recent data show that buyers from the Middle East have been very active in the London real estate market, Arabian Business reported.
Purchases by investors from the Middle East formed around 15 percent of residential real estate sales in Central London this year.
Last year, real estate consultant Knight Frank said that investors from the region made 7.5 percent of the total USD1.6 million residential sales in London.
Jones Lang LaSalle, a real estate consultant, said that in the first half of this year, Middle East investor’s purchased what is worth USD4.9 billion in commercial real estate in international markets, increasing 6.5 percent from the same period last year.
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