The rapid wave of real estate development and amount of wealth accumulated in the Middle East has long fascinated the rest of the globe. However, despite the massive development of commercial and residential property over that time, the investment market remains tiny by comparison, leaving unsatisfied demand.
The region’s wealth of capital has started to have a notable impact on the global commercial real estate market. Middle Eastern Sovereign Wealth Funds are one of the key sources of that capital. What will their growing interest in real estate bring to the global market? Will Europe remain the focus of their investment strategies?