11.09.2012 - ME investors stack up European property
Middle East investors accounted for 12 per cent of the European real estate market in the second quarter of 2012, according to the latest research from CBRE. That’s almost half of the total European property owned by non-European investors, which amounted to 25 per cent during the quarter, the highest since Q2 2007, said CBRE. Nicholas Maclean, managing director, CBRE Middle East, commented: “European property markets and infrastructure continues to prove interesting for Middle East investors. What we are likely to see going forward, however, is co-investment activity particularly involving Middle Eastern sovereign funds and Chinese state or quasi state investors.”..............................................Full Article: Source
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