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UAE investors splash cash on European property - report

Posted on 04 March 2013

UAE investors bought almost €1bn (US$1.3bn) worth of commercial property in Europe during the second half of last year, according to international real estate advisor CBRE. The investment accounted for 3 percent of the cross-border commercial property purchases across the continent during the six months.
Buyers from across the Middle Eastern, particularly sovereign wealth funds, accounted for a significant amount of the investment that flowed into the European market last year, CBRE said………………………………………..Full Article: Source


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