05.09.2016 - Middle Eastern sovereign funds spend less on overseas commercial property investments
The panic in financial markets, which followed Britain’s shock Brexit vote and a slowdown in the Chinese economy, has prompted Middle Eastern sovereign wealth funds to rein in their spending on high-profile overseas office blocks and hotels. The amount of money being spent by Middle Eastern sovereign wealth funds and big-name investors on commercial property in the United Kingdom, Eur­ope, Asia and the United States plummeted in the first half of this year, new research shows...............................................Full Article: Source
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