Middle East investors are the major drivers of increased activity in the European commercial real estate market, twice of all Far East investors combined - the global consultancy firm CBRE reports.
In the first half of 2013, investors from the Middle East have increased investment activity, accounting for 21 percent of cross-border transactions, almost twice the 11 percents of far east investors. Half of the total comes from the region’s sovereign wealth funds. Transactions from Middle Eastern buyers show a strong bias towards London (nearly 50 percent of the total) and offices.
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