Global realty investment boom led by GCC ...United Arab Emirates

With economies in the GCC expected to outperform the majority of global markets in 2023, regional investors’ appetite for global real estate investment opportunities is likely to grow, according to JLL’s report, titled ‘The Resurgence of Outbound Real Estate Investment from the GCC’. The challenges posed by spiralling inflation, elevated energy costs, and hawkish monetary policy are impacting investor sentiment globally, stated JLL; and this is not only triggering delayed decision-making but also weakening liquidity in international real estate markets, further painting an uncertain global outlook. However, the Middle East, in particular the GCC, is bucking this trend, as the region’s relati

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