Stay updated with breaking news from ஃபேஸல் துரிரனி. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Global companies to reinvent the office for life beyond the pandemic khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.
Investors chase London’s office market safe-haven status The UAE is one of the UK’s largest export market in the Middle East. Shantnoo Saxsena, founder of Encryptus Advisory. Supplied photo Supplied photo Greater China, led by Hong Kong SAR, set to be largest source of capital at £12.6 billion. Investors are looking beyond the Covid-19 pandemic to the strengths of London’s office market fundamentals and safe-haven status, with the UK capital’s reputation as a leading global city attracting investors worldwide, with returns currently very enticing compared to other European and global gateway hubs. Around £46 billion of capital is targeting London’s office investment market in 2021, according to Knight Frank’s annual London Report, which outlines the opportunities and challenges facing the British capital’s real estate market. ....
Saudi investors pump $144mln into London's office market zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
RIYADH: Arab investors have invested £1.2 billion ($1.68 billion) in London’s office real estate market since 2018, with Saudi Arabia accounting for £103 million, according to industry data. Figures from global real estate consultancy firm Knight Frank found that over the last decade (2010-2020), the Gulf Cooperation Council (GCC) states, excluding Oman, together invested £8 billion into London’s office market, £1.2 billion of that since 2018. Investors from the UAE have been the most active since 2018, injecting £531 million into the UK capital, followed by investors from Qatar (£435 million), Kuwait (£120 million), Saudi Arabia (£103 million) and Bahrain (£8.8 million). “Brexit has been less of an issue, given that most investors looking at the London office market invest because of London’s attractiveness as an investment destination relatively more favorable returns compared to other asset classes and indeed many mainland-European cities, a prove ....
China leads £46bn race for London property Commercial real estate in the UK capital is top of investor wishlists despite a boom in home working during the pandemic A flood of international cash is looking to invest in London property China is leading a £46bn race for trophy London offices this year as international investors bet on Brexit Britain, new research shows. Agent Knight Frank’s latest study of the capital’s commercial property market shows buyers in China and Hong Kong as the biggest potential investors, with some £12.8bn earmarked to spend in London this year. The targeted spend is up from £40bn in 2019 after the threat of a hard-left Labour government led by Jeremy Corbyn was ended by a Conservative landslide, while the UK also averted the potential disruption of no-deal Brexit. ....