(MENAFN) Qatar, a top investor in worldwide real estate, is one of the top 20 nations in terms of individual property ownership in the UK. Qatari investments in the UK have stood at over £40bn with real estate being the preferred investment choice, according to International Investments Managing Director Nadim Mansour.
Informing The Peninsula on the sidelines of the newly concluded Cityscape Qatar 2022, Mansour stated: “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 went on to say: “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 favorable 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”.
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