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Gulf investors spending more on US property

Published Wed, Nov 5, 2014 · 09:50 PM

Dubai

PERSIAN Gulf investors from sovereign wealth funds to rich individuals increased spending on US real estate, attracted by the pace of economic growth, a survey by Jones Lang LaSalle Inc has showed.

Gulf Cooperation Council countries invested US$1 billion in US property this year, a 51 per cent gain over the year-earlier period, according to the survey released in Dubai on Tuesday.

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Property

Property

Gulf investors spending more on US property

Property

URA prepares massive site in Sengkang to house new residential estate

Blackstone in talks to buy Dulwich schools in Singapore, Seoul for US$600 million

JTC to sell hospitality project being built in Punggol Digital District

Without a game changer, Sentosa Cove condos will continue underperforming

Five-room resale flat in Bukit Merah goes for record S$1.59 million

China developer Fantasia proposes new restructuring terms, shares up

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