U.S. REAL ES­TATE AT­TRACTS NEW IN­VEST­MENTS FROM GULF COUN­TRIES

Ekaruna - - News Round Up -

Gulf coun­tries in­vested $1 bil­lion in the US real es­tate mar­ket this year, up 51 per­cent from last year, ac­cord­ing to a sur­vey by Jones Lang LaSalle. JLL said that the U.S. eco­nomic re­cov­ery is at­tract­ing the at­ten­tion of GCC in­vestors whose spend­ing has par­tic­u­larly in­creased on real es­tate to di­ver­sify their hold­ings. Texas, Cal­i­for­nia, Washington and Mas­sachusetts have at­tracted the ma­jor­ity of prop­erty trans­ac­tions com­pleted this year.

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