Understanding the region’s real estate markets requires a different mindset
UK real estate
election
UK general election: Conservative or Labour victory – What could it mean for Middle East real estate investors?
Here’s how the UK general election outcome might impact Middle eastern real estate investors
London real estate investors
UAE, Saudi real estate investors ditch London for Edinburgh, Manchester, York in hunt for UK university cities
Scotland’s capital and other academic hubs attract significant investor interest from the Middle East, reshaping investment patterns in British real estate
London property investments
London real estate: Gulf property investor surge fuels massive growth for Barratt London
The surge is attributed to attractive mortgage rates and the weakening British pound against the US dollar, making London properties appealing for investors from the GCC region
foreign investor
UK Inheritance Tax set for major shakeup
The proposed shakeup of centuries-old inheritance tax rules is set to have major repercussions across the UK, legal experts say
foreign investor
UK upends 200-year old rules: GCC residents need to be paying attention
The far-reaching consequences of the UK Budget should make all residents of the Arabian Gulf sit up
Dubai Land Department
UAE visa-free travel; Saudi recruitment changes; Kuwait and Oman 3-day weekend; Dubai housing plan and name changes – 10 things you missed this week
UAE visa-free travel, Saudi recruitment changes, Oman and Kuwait holidays, Dubai housing plan and more top news stories this week
Gulf investors
Gulf investors remain bullish on UK real estate despite economic slowdown
Gulf investments in UK real estate will remain robust in 2024, pointing to continued dealmaking activity and the incoming ETA visa scheme facilitating travel
Paul Simmons
UK cost of living crisis is shrouding a high-growth real estate sector with resilient income and capital growth
As UK consumers navigate a prolonged cost-of-living crisis, the mainstream media narrative obscures a thriving recovery play opportunity in one of Britain’s most exciting real estate sectors – leisure. And evidence shows that Middle East investors are getting wise to the opportunity
London
London property owners roll out dollar-denominated offers to lure GCC buyers
Buyers from Saudi Arabia, Kuwait and Qatar, besides the UAE are said to be lapping up the offers to strike deals to buy properties mainly in the central London areas
London
Middle East investors’ demand surges for London properties: Report
Drop in the value of the pound is driving interest from Middle Eastern investors in London real estate
GCC investors
GCC real estate buyer interest in UK properties climbs as pound sinks to new low against the dollar
Middle Eastern buyers have long been synonymous with purchasing luxury homes in some of the UK’s most elite postcodes, with prime central London being the sweet spot for Gulf investors
Abu Dhabi Islamic Bank
ADIB expands UK footprint, provides over $272m in commercial real estate financing in 2021
The leading Islamic bank closed two UK deals in November alone, elevating its UK portfolio to around $680.6m
GCC banks
Britain, Gulf could create Islamic superbanks, says top UK financier
Stella Cox CBE, Islamic finance government lobbyist, says there is also major scope for cross-collaboration in the fintech space
Gulf Islamic Investments (GII)
UAE backers say luxury London real estate project slated for 2022 completion
Gulf Islamic Investments reports good progress on 2 Lucan Place, a mixed-use project in one of London’s most prestigious addresses
UK real estate
UAE property investors set for UK buying spree after easing of travel curbs
Increased activity by Emirati investors in London real estate driven by ‘sense of urgency’ with the upcoming increase in purchasing costs
Echo Building Liverpool
UAE’s Select buys iconic Echo Building in Liverpool
UAE-based developer says it has acquired mixed-used Echo Building in Liverpool, set for 2020 completion