UAE leads GCC in foreign real estate investments

    The UAE leads the Gulf region in terms of investments in the real estate abroad, said Richard Divall, head of cross-border capital markets at Colliers International EMEA.

    In total, the Gulf investors invested more than ?3.9 billion (Dh15.74 billion) in different real estate sectors across Europe, the US and Asia last year with UAE investing ?2.2 billion (Dh8.8 billion) followed by Kuwaiti (?1.1 billion) and Saudi Arabia (?600 million).

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