UK Property Market: A Positive Outlook for Savvy Middle East Investors
High net worth investors from Saudi Arabia, Qatar and UAE see the UK property market as a strong investment opportunity as their confidence in the market grows, according to a new report from the UK’s oldest and most successful Islamic Bank, Al Rayan Bank.
The research found that 89 per cent see the UK as a priority for investment, with 85 per cent saying their confidence in the UK has grown over the last 12 months, citing surplus demand, reliable investment returns, strong rental growth and the availability of diverse assets.
The 2023 GCC Investment Barometer – which surveyed 150 investors from Saudi Arabia, Qatar and the UAE with an average net worth of $208m – found that almost all of the respondents are planning to make new investments or increase their investments over the next five years, with many looking to invest in property across the UK’s regions, according to the findings.
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