Middle East investors to spend $180 billion in global real estate over next decade
CBRE Group, a Fortune 500 company headquartered in Los Angeles, is reporting that Middle Eastern investors are expected to spend $180 billion in commercial real estate markets outside of their own region over the next decade.
Just in 2013, the commercial real estate investments of Middle East investors has been $13 billion, $5 billion of which by non-SWF and individual investors. At the moment their investment appetite is focused on Europe, but the share of investment in America is increasing - CBRE research shows. (You can listen to an interview with a CBRE head of research here. Also check recent DubaiBeat.com news on Katara Hospitaly which acquired five luxury European hotels here.)
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More details follows
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