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.
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The full Emirates Business story follows
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