Middle East investors drive European commercial property market
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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September 10, 2013 |
Filed under Middle Eastern Family Offices, Middle Eastern Real Estate Investors
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