Greycoat Real Estate Finds UK Properties Are Attractive to Gulf Investors

Despite reports claiming the UK real estate market is in a tailspin due to rising interest rates and hesitation from many would-be buyers to purchase various properties, Greycoat Real Estate has found that when it comes to investors from the Middle East and Gulf region, UK real estate is quite attractive (Bdaily).

While London continues to be the city that attracts most of the attention from these investors, Greycoat Real Estate has noted a major uptick in other cities as well. Some of which include Birmingham, Manchester, Liverpool, and Newcastle. After carefully analyzing the results of a recent survey of Gulf investors, the real estate agency took some important decisions.

They now know that those who had a net worth of at least $200 million, Greycoat Real Estate found that almost 35% of those investors had purchased properties in London within the past year. As to which types of properties are proving to be most popular with investors, the Real Estate agency finds that residential multi-family apartment buildings top the list.

This, followed closely by commercial office space and then traditional single-family residential housing. Due to high demand for these properties from investors, Greycoat Real Estate believes that for property owners looking to sell their properties for maximum profits, now is a great time to do so.

One interesting trend noticed by experts at Greycoat Real Estate is that many Middle Eastern investors are also looking to increase their investment activity within the UK over the next decade. In fact, over 93% plan to do this, virtually guaranteeing the UK real estate market will stay strong.