IslamicFinance.de

An average of $15.0 billion per year will flow out of the Middle East into direct real estate globally in the near term, according to the latest research from global property advisor CBRE Group, Inc. The Middle Eastern investor base has expanded, fuelled by weakening oil prices; this has led to a major shift in global investment strategies towards greater geographic and sector diversification, with activity spreading across gateway markets to second-tier locations in Europe and the Americas. A greater proportion of Middle Eastern capital is now targeting the US. London, while retaining the top position, is no longer as dominant, with a 32 per cent share of all Middle East outbound investment in 2014, compared to 45 per cent in 2013.