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Real Estate Briefing - Categorized | Investment, Middle East and Africa more

Middle Eastern investors eye property in the US

Posted on 05 November 2010

From Ipinglobal.com: Middle Eastern real estate investors are becoming increasingly prevalent in the US property market, it has been claimed. In total, there has been a 140 per cent jump in the amount of real estate purchased by Middle Eastern investors this year compared to last.
Data from the National Association of Realtors shows that the total spend by investors from the Middle East and Africa rose from USD1.1 billion in 2008-09, to USD2.64 billion in 2009-2010……………………………………….Full Article: Source

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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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