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Gulf investors go offshore
- Thursday, April 12 - 2007 at 13:22
Gulf Arab investors poured $13bn into global real estate in 2006, according to a Jones Land LaSalle report, cited by Reuters. Direct property investment from the Gulf was 14% higher than in 2005, with more than half going into the US market. Britain was the second most popular market, followed by Germany and South Africa.
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James McInerney, News EditorThursday, April 12 - 2007 at 13:22 UAE local time (GMT+4)
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This article was updated on Wed May 02 2007.
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