Sunday, November 02, 2008

Arab money sits on the sidelines


Arab investors have long been big players in Europe's commercial property markets. Yet that may be about to change as the real estate market begins to slow.


London's west end, with its plush offices and 250 year-old Georgian town houses, has for years been high on the shopping list of wealthy Arab property investors, keen to get a firm foothold in what is one of the world's most sought-after real estate hot spots.
High demand among wealthy hedge fund groups and very limited supply has pushed prices and rents ever higher over the last decade. More insulated from the property downturn than other parts of the UK, Central London continues to provide solid returns for investors attracted to the relative steady returns offered by long leases.


Continue HERE

No comments: