MENA IN­VESTORS EYE UAE PROP­ERTY MAR­KET

Ekaruna - - News Round Up -

A sur­vey by prop­erty ad­vi­sory firm Jones Lang LaSalle showed that the UAE’s residential mar­ket was still the num­ber one pick for in­vestors from the MENA re­gion. Ac­cord­ing to the latest Real Es­tate In­vestor Sen­ti­ment sur­vey, 97 per­cent of re­spon­dents were keen on in­vest­ing in the UAE’s real es­tate sec­tor mainly ow­ing to the coun­try’s po­lit­i­cal and eco­nomic sta­bil­ity and mar­ket trans­parency. The sur­vey also showed that 61 per­cent of in­vestors in the GCC are seek­ing to in­vest in Saudi Ara­bia, up from 38 per­cent last year, while 9 out of 10 Mid­dle Eastern in­vestors are con­sid­er­ing in­ter­na­tional mar­kets for in­vest­ment. Ac­cord­ing to the sur­vey, the most pop­u­lar in­ter­na­tional mar­ket was Europe, par­tic­u­larly the UK. The sur­vey also showed grow­ing in­ter­est in the US, with 47 per­cent of re­spon­dents ea­ger to in­vest in the mar­ket, up from 24 per cent in 2013.

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