403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Qatar between highest nations in individual property ownership in UK
(MENAFN) Qatar, a top financier in worldwide real estate, is one of the highest 20 nations in terms of single property ownership in the UK. Qatari funds in the UK have amounted to over £40bn with real estate being the favored investment choice, according to International Investments Managing Director Nadim Mansour.
Stating to The Peninsula on the sidelines of the lately decided Cityscape Qatar 2022, Mansour stated that “Qatar is one of the top 20 countries in terms of individual property ownership in the UK. London properties owned by Qataris increased approximately by 50 percent between 2018 and 2021. This demand is driven by a combination of strong structurally supportive market dynamics, stable UK economy and evolving services-focused product, as well as an expanding and more discerning occupier base.”
He also stated that “UK real estate markets appeal so much to the Qatari investors which is driven by several factors and is still intact even after the Brexit. The increasing number of Qatari investors in the UK are eyeing commercial properties. An overlap of different drivers provides a favourable investment environment – from strong student demand, large-scale city regeneration and development as well as strong employment conditions, and a lack of seniors housing units”.
Stating to The Peninsula on the sidelines of the lately decided Cityscape Qatar 2022, Mansour stated that “Qatar is one of the top 20 countries in terms of individual property ownership in the UK. London properties owned by Qataris increased approximately by 50 percent between 2018 and 2021. This demand is driven by a combination of strong structurally supportive market dynamics, stable UK economy and evolving services-focused product, as well as an expanding and more discerning occupier base.”
He also stated that “UK real estate markets appeal so much to the Qatari investors which is driven by several factors and is still intact even after the Brexit. The increasing number of Qatari investors in the UK are eyeing commercial properties. An overlap of different drivers provides a favourable investment environment – from strong student demand, large-scale city regeneration and development as well as strong employment conditions, and a lack of seniors housing units”.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
Comments
No comment