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BREXIT Not a Barrier for Middle Eastern Property Investors in UK

BREXIT Not a Barrier for Middle Eastern Property Investors in UK

A government-led delegation of UK investors and developers are set to visit the Middle East to strike deals with investors as they continue to plough their wealth into the UK post-Brexit. Read More »


Trump Election Victory Creating Property Market Uncertainty in Middle East

Trump Election Victory Creating Property Market Uncertainty in Middle East

The recent election of Donald Trump as the 45th president of the United States of America is set to cause further uncertainty for the Middle East's real estate market, at least in the short term. Read More »

Ramadan Impacts Middle East Hotels

Ramadan Impacts Middle East Hotels

According to STR, the first half of Ramadan 2016 indicates that Mecca, Saudi Arabia, was the only major hotel market in the Middle East to experience an increase in revenue per available room (RevPAR) during the first two weeks of the holiday. Read More »

Middle East Investors Targeting London Properties to Enjoy Significant Price Discounts Post Brexit

Middle East Investors Targeting London Properties to Enjoy Significant Price Discounts Post Brexit

For those invested in the London property market, the deterioration in the value of sterling overnight will have erased any gains in recent years Read More »


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Global Property Spotlight

Central Florida Executive Resort-Style Residence Available

Central Florida Executive Resort-Style Residence Available

Expertly designed from the inside-out with a brilliant use of space and attention to detail in that each room shares many common features. Read More »

Last Updated April 19, 2017 9:00 AM ET

Saudi Arabia Property News

Increased geopolitical unrest and low oil prices are having an effect on the UK, driving private Middle Eastern investors towards London-based property assets.

This week the Council on Tall Buildings and Urban Habitat (CTBUH) has announced that there are now officially 100 supertall (300-plus-meter) skyscrapers in the world following the completion of 432 Park Avenue in New York City.

According to CBRE Group, an average of $15.0 billion per year will flow out of the Middle East into direct real estate globally in the near-term.

Shopping centres across Europe, the Middle East and Africa (EMEA) are now the preferred destination for eating and drinking, says a new report by CBRE.

Global real estate markets are most vulnerable in economies with not just a greater dependency on oil but also in those with a high cost of oil production.

Even with the significant drop in oil prices in the second half of 2014 and the start of 2015, investors from the Middle East continue to have a strong appetite for real estate investment globally.

According to CBRE, Canada is the unrivaled global investor in U.S. real estate with nearly $10 billion of direct investments in 2014, ahead of Norway, China, Japan and Germany.

Global direct commercial real estate investment transaction volumes hit a new record high in the final quarter of 2014.

According to Cushman and Wakefield, Europe, Middle East and Africa (EMEA) will enjoy a significant increase of property investment activity in 2015.

According to the July 2014 STR Global Construction Pipeline Report, the Middle East-Africa hotel region reported 630 hotels under contract totaling 147,754 rooms.

Middle Eastern investors expected to spend over $180 billion in commercial real estate.

Vertical communities are moving ever higher. Developers competing to build to record heights.

£3.38 billion worth of central London commercial property transactions took place in Q2 2014; this takes total H1 London investment to £7.6 billion.

Middle Eastern investors are expected to spend US$180 billion in commercial real estate markets.

Overseas commercial real estate investors are increasingly being drawn to UK regional cities.

According to the April 2014 STR Global Construction Pipeline Report, the Middle East/Africa hotel development pipeline comprises 581 hotels totaling 137,799 rooms.

A joint venture between Capitas Group International and IFA Hotel Investments aims to develop Yotel brand hotels.

Arizona-based Best Western International has opened its first property in the Saudi Arabian holy city of Mecca.


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