22.04.2013 - UAE: Property investors seek income generating assets
Ultra-prime homes in some markets outside the region have become dearer, with values doubling over the last seven years, as the ultra-rich are shifting their capital to income-generating residential unitsAnalysts have noticed a shift in investor behaviour. Whereas before billionaires used to seek safe haven in real estate, they are now seeking to set up homes in locations that pay dividends. Last year, huge pickings were noted in places like New York, Moscow and London, where gross residential yields ranged between 5.2 and 6.4 per cent“The motives for real estate acquisition have shifted...............................................Full Article: Source
Print