IslamicFinance.de

According to Knight Frank, Middle East investors are set to increase commercial real estate investment in London this year. Investors from the region are forecast to spend £4.1 billion ($5.3 billion) in the UK capital this year, up by £100 million compared to 2019. China remains by far the biggest potential investor in London, with £12.7 billion of capital ready to buy assets in 2020, followed by Singapore. Knight Frank’s annual London Report reveals that in 2019 London investment activity fell 15% to £13.9 billion, down from £16.8 billion in 2018, as Brexit uncertainty and a shortage of available assets constrained the number of deals.

Against a backdrop of low interest rates globally and relatively volatile financial markets regionally, the flow of capital into real estate has continued, according to the latest Dubai Real Estate Investment Report released by Knight Frank. Developed property markets such as those of the UK and Europe should continue to see strong levels of demand from GCC investors. Knight Frank’s Middle East Capital Tracker – which monitors professional real estate investors’ favoured global destinations – shows that the UK remains a firm favourite for almost 60 per cent of investors from this region. The GCC itself, as well as Continental Europe, also rank highly.