Two UAE residents buy London properties worth $29 million
Two unnamed UAE investors purchased two residential buildings valued at around $29 million in London's high-end Knightsbridge and Mayfair areas in the past three months - The Emirates Business is reporting.
According to Benham and Reeves, a UK-based lettings company, until now they have recorded confirmed UAE-based investors for assets worth $118 million to $147 million. Last month the Harrods Estates, another UK real estate firm, also announced that Middle Eastern investors constitute 33% of their sales and rentals.
To see real estate investors from UAE, check our investors directory
The full Emirates Business story follows
Previous Post: Kuwaiti investors acquired stake in a chemicals firm for $50 million
Next Post: Bahrain's sovereign wealth fund eyes global assets