Arab Today, arab today qatari investors may now eye us properties
Last Updated : GMT 11:13:46
Arab Today, arab today
Arab Today, arab today

Qatari investors may now eye US properties

Arab Today, arab today

Arab Today, arab today Qatari investors may now eye US properties

Doha - Arabstoday

Qatar Investment Authority, the Gulf state’s sovereign wealth fund, could look at investing in US-based real estate as it looks to diversify its investment portfolio, analysts have said. The wealth fund, which has so far favoured UK property, may look to the US where real estate prices have continued to fall amid fears of a second recession. “You can expect more [investment] anywhere and especially in the US where there are clear signs that the Qataris are looking to diversify their real estate holding. Their investments in the US are deemed to be underweight,” said Fadi Moussalli, regional director of the International Capital Group at real estate services firm Jones Lang LaSalle. Qatar, the world’s largest exporter of liquefied natural gas, has gained global attention with its high profile purchases, particularly in London.Last month Qatar Diar acquired London’s Olympic Village for £557m ($903.5m) with the UK real estate investment firm Delancey.The purchase was part of the Gulf state’s expanding London property holdings. It is currently a majority shareholder in Canary Wharf and has investments in the US embassy site in Grosvenor Square, the Chelsea Barracks redevelopment project, and the Shard skyscraper, which will be Europe\'s tallest building when it’s completed in 2012. Investments made by the Gulf state, which has the world’s highest per capita income, estimated at $90,149, have been welcomed by the UK, said Rachel Ziemba, a senior analyst at Roubini Global Economics. “There are strong personal ties but I think more significantly the UK is a place that is open for investment. It has welcomed Qatari investment compared to some of the other countries in Europe where they’ve been at least rhetorical concerns,” she said. “In the last year we’ve seen a situation where the pound has depreciated and some UK acquisitions might have seemed more affordable as a result,” she added. Qatar’s investments could be seen as “overweight” in the UK, said Ziemba, adding that US assets could be their next target. “I think they have been looking towards the American real estate market. I know they haven’t really made acquisitions yet but my understanding is that they have long thought of it as a possibility” she said. US residential real estate prices declined the most in 19 months, according to the S&P/Case-Shiller index of home values. Prices fell 4.6 percent from June 2010, the biggest 12-month decrease since November 2009, according to the median forecast of 31 economists surveyed by Bloomberg.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today qatari investors may now eye us properties Arab Today, arab today qatari investors may now eye us properties

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Russia, Iran ink economic deals

GMT 08:03 2017 Wednesday ,29 March

Russia, Iran ink economic deals
Arab Today, arab today Media host gives priority to problems of people

GMT 07:00 2017 Tuesday ,28 March

Media host gives priority to problems of people
View News in Arabic - Business: عقارات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today Trump moves to roll back Obama climate measures

GMT 08:39 2017 Wednesday ,29 March

Trump moves to roll back Obama climate measures
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Mercedes, VW recall million vehicles in China

GMT 09:16 2017 Wednesday ,29 March

Mercedes, VW recall million vehicles in China
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Trump poised to roll back climate protections

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections

GMT 09:58 2017 Saturday ,25 March

Nermein Al Fekki films “Foxes in the Valley”

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 05:17 2017 Wednesday ,29 March

Samsung to sell refurbished Galaxy Note 7s

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday