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Will Dubai Investors Take Advantage of the Fall of UK’s Real Estate?

May 14, 2017 UAE Business 0

Investors in Dubai have a good interest investing in the UK. As the UK experiences depreciation following effecting Article 50, will Dubai investors look into investing in the UK as the GBP depreciates as a result of Brexit? Following the Brexit referendum last year, there has been a 16 per cent fall in the value of commercial real estate in the UK. Head of residential at JLL MENA mentioned that “In the Middle East, we find that Gulf-based investors and owner-occupiers have always had a tremendous affinity for the UK as a place to invest and to spend time. The capital largely flows into London from these potential investors, but there has been increasing interest in cities such as Birmingham and Manchester in the last couple of years.” Read more