Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Middle East buyers drive London property market says CBRE report  Join our daily free Newsletter

MENAFN - Khaleej Times - 02/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) London continued to attract the attention of middle eastern investors as investment increased from 7

The uk capital recorded the highest ever yearly total seen in europe for a single city in 2013 to cement its position as the region’s number one investment destination. outside of london middle eastern investors spread their capital across the continent namely in dusseldorf and paris and to a growing extent some of the recovering southern european markets as well as russia.


Nick maclean md of cbre middle east said: “property markets and commercial real estate in particular across germany and the uk is witnessing the strongest growth since the financial crisis and we anticipate further commitments from middle eastern investors in the future. london in particular is capturing the lion’s share of capital mainly attributed to its transparent legal system stable political and economic environment and above all liquidity – key factors in attracting investment.”


“london had a phenomenal year with the total value of investment reaching pre-global financial crisis levels. looking forward to 2014 it is unlikely that the market will repeat this performance. although cross-border investor demand particularly from asia is getting even stronger there are constraints on the supply side that will probably limit investment activity” simon barrowcliff executive director central london capital markets cbre noted.


Both middle eastern and asian investors recorded their highest ever annual total of european real estate investment with nearly €10 billion worth of transactions each in 2013. a strong finish to 2013 took total commercial real estate investment volume in europe to €165.6 billion an increase of 30 per cent on the previous year’s total. the q4 2013 total of nearly €61 billion was the highest quarterly figure recorded in europe since q4 2007. the final quarter of the year normally sees the highest level of investment but the activity seen represents significant acceleration in the rate of growth. despite the strong growth in total investment activity in 2013 the average deal size recorded remained essentially unchanged at €27 million.


Average deal size has been rising very slightly over the last few years but on the whole the increase in total investment volume has been achieved mainly through an increase in the number of transactions. buyers from asia accounted for 22 of the transactions over €100 million and recorded an average lot size of €126 million. this was only just ahead of buyers from the middle east who accounted for 21 of these largest transactions and had an average lot size of €120 million.


— business?khaleejtimes.com

 


Khaleej Times




  MENA News Headlines
 May 5 2016 - Safir Hotels Group to acquire four hotels: Safir Cairo managerDaily News Egypt
(MENAFN - Daily News Egypt) the beginning of the next year, Safir Hotels Group plans to expand by acquiring three hotels following their development in Dahab and Hurghada, in addition to another one ...

 May 5 2016 - Egypt- Prosecutor-general orders media gag on Badr, Al-Saqa caseDaily News Egypt
(MENAFN - Daily News Egypt) Prosecutor-General Nabil Sadek lifted on Tuesday a gag order on the case involving the security raid of the Press Syndicate, where journalists Amr Badr and Mahmoud Al-Saqa ...

 May 5 2016 - Egypt- Stand of solidarity at AUC demanding justice for classmateDaily News Egypt
(MENAFN - Daily News Egypt) A stand of solidarity was organised on Wednesday by students and professors at the American University in Cairo (AUC) for detained student Ibrahim Tamer Ibrahim, known as ...

 May 5 2016 - Phone records of 13 Egyptians sent to Italy in Regeni case: Italian state mediaDaily News Egypt
(MENAFN - Daily News Egypt) The phone records of 13 Egyptian citizens that were requested by Italian prosecutors over the murder of Italian PhD candidate Guilio Regeni were sent to Italy on Wednesday ...

 May 5 2016 - HRW calls on Egyptian authorities to release Taher Mokhtar, his two roommatesDaily News Egypt
(MENAFN - Daily News Egypt) Human Rights Watch (HRW) demanded on Tuesday that Egyptian authorities release the head of the Doctors Syndicate Freedoms Committee Taher Mokhtar, and his two roommates, ...

 May 5 2016 - Egypt- Activist Sanaa Seif receives 6 month prison in absentia for 'insulting the judiciary'Daily News Egypt
(MENAFN - Daily News Egypt) The Sayeda Zeinab Misdemeanor Court sentenced on Wednesday political activist Sanaa Seif to six months in prison in absentia on charges of insulting the judiciary.Neither ...

 May 5 2016 - Egypt- Former prime minister Nazif is now 'free of all charges'Daily News Egypt
(MENAFN - Daily News Egypt) The Cairo Appeal Court acquitted former prime minister Ahmed Nazif on Wednesday from charges of illicit gains, state-owned media reported.Following this decision, Nazif ...

 May 5 2016 - Egypt- 22 'Friday of the land' protesters releasedDaily News Egypt
(MENAFN - Daily News Egypt) The Qasr Al-Nil Misdemeanour Court released on Wednesday 22 detainees who were arrested on 15 April during 'Friday of the land' protests.Despite the defendants receiving a ...

 May 5 2016 - Al-Sisi renews state of emergency in North Sinai for 3 monthsDaily News Egypt
(MENAFN - Daily News Egypt) President Abdel Fattah Al-Sisi issued a declaration on Wednesday to extend the state of emergency in North Sinai for an additional three months, according to the state's ...

 May 5 2016 - Egypt sets up first education fund with USD 11.23mnMENAFN
(MENAFN) Tahya Misr Fund launched the first fund for investment in education at a cost of USD 11.23mn in the first phase.Furthermore, the goal is to increase the fund to USD 56.17mn in the coming ...

 May 5 2016 - Saudi's USD 22.5bn Riyadh Metro project on trackMENAFN
(MENAFN) A USD 22.5bn rail and bus system for KSA is on track, which is going very well, while there is still a rectangular hole in the ground.Accordingly, one-third of the Metro is finish, and the ...

 May 5 2016 - Egypt- German ambassador astonished by security's storming of Press SyndicateDaily News Egypt
(MENAFN - Daily News Egypt) Germany's Ambassador to Egypt Julius Georg said on Wednesday he was "astonished" by Egyptian security's storming of the Press Syndicate, emphasizing the necessity of press ...

 May 5 2016 - Egypt- Pro-government protesters assault journalist Khalid DawoodDaily News Egypt
(MENAFN - Daily News Egypt) Journalist and Press Syndicate member Khalid Dawood said on his Facebook page Wednesday that he was assaulted by pro-government protesters near the Press Syndicate."I was ...

 May 5 2016 - Egypt- Anti-police stance marks unprecedented decisions in historic journalist gatheringDaily News Egypt
(MENAFN - Daily News Egypt) spite restrictions on mobility and security forces and pro-government demonstrators' harassment, Egypt's Press Syndicate held a historic general assembly on Wednesday to ...

 May 5 2016 - UAE- Forbes announces top Indian leaders in the Arab regionKhaleej Times
(MENAFN - Khaleej Times) Low oil prices conflict in Syria Yemen unrest -despiteallthe factors that may challenge economic growth in the UAE expats have continued to arrive for employment in huge ...

 May 5 2016 - Muslims in UAE to fast for over 15 hours this RamadanKhaleej Times
(MENAFN - Khaleej Times) Muslims across the UAE are expected to fast 15 hours and 10 minutes this holy month of Ramadan which is expected to begin on June 6. According to Ibrahim Al Jarwan a ...

 May 5 2016 - Dubai to get landmark stadium worth Dh3 billionKhaleej Times
(MENAFN - Khaleej Times) His Highness Shaikh Mohammed bin Rashid Al Maktoum Vice President and Prime Minister of the UAE and Ruler of Dubai was briefed on the innovative model pilot design of ...

 May 5 2016 - UAE- Mahdi calls up Ambar Yaqoob for King's CupKhaleej Times
(MENAFN - Khaleej Times) UAE coach Mahdi Ali has called up 26 players for a training camp to prepare for the 44th King's Cup to be held in Thailand next month. The Football Association of Thailand ...

 May 5 2016 - UAE- Chions League: Bale-force propels Real Madrid to finalKhaleej Times
(MENAFN - Khaleej Times) Real Madrid reached their 14th European Cup final and crushed Manchester City's hopes of a maiden title after Gareth Bale's deflected effort secured a 1-0 victory in the ...

 May 5 2016 - Saudi food manufacturing industry to grow at USD 146.6mnMENAFN
(MENAFN) MEFSCO, the joint venture between Arabian Agriculture Services firm (Arasco) and Cargill formed in 2013, invested USD 146.6mn in expanding its operations in KSA.Moreover, Cargill Foods ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help