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Mideast, $6bn in property abroad
- Wednesday, October 11 - 2006 at 08:09
Middle East investors put $6bn into overseas property in H1 2006, with London and New York favoured locations, according to a report by Jones Lang LaSalle cited by Bloomberg. Investments in offices dominated, while funds were also put into the hotel and retail sectors. Almost half of the total investments in the US were in New York City.
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James McInerney, News EditorWednesday, October 11 - 2006 at 08:09 UAE local time (GMT+4)
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