Europe remains a clear favourite to benefit most from the $180 bn (€133 bn) in capital flows expected to come from the Middle East region for investment in real estate over the next 10 years, according to new research by CBRE.
Europe remains a clear favourite to benefit most from the $180 bn (€133 bn) in capital flows expected to come from the Middle East region for investment in real estate over the next 10 years, according to new research by CBRE.
Around 80% of the total expected allocation will be invested outside the Middle Eastern region, according to Iryna Pylypchuk, associate director EMEA Research at CBRE.
The UK is expected to see a significant share of allocated capital targeting core plus and value-add investments, but continental Europe is expected to see three times the level of direct investment by Middle Eastern investors than was the case in the previous 10 years, Pylypchuk predicted.
Pylypchuk was speaking to PropertyEU at an event in London last week at which the key findings of the 'In & Out research paper' were presented. The research was published on 16 June.
CLICK HERE to watch all the interviews about th report, including Iryna Pylypchuk talking about expected allocations from the region.