Month: July 2018

Over two-thirds of GCC buyers make investment decisions independently

shutterstock_683399149 (1) While it highlights investor confidence in the region, it's important that buyers also take into consideration seller credibility before making any final investment decision. Summary: 35% of investors based in the GCC make final investment decisions based on their own experience A large proportion also consider advice or take referrals from family and friends But... Read more »

Saudi Arabia non-oil economy shows signs of growth

Saudi Arabia non-oil economy shows signs of growth S&P Dow Jones Indices also set to upgrade the Kingdom's bourse to emerging market status - but overseas investment still a key diversification strategy for the country's investors. Summary: Saudi Arabia’s non-oil sectors are growing by 2.3%, while the country’s real GDP growth is forecast to rise 1.9% in 2018 The Kingdom’s stock market is... Read more »

UK property: Manchester has the fastest rising prices

UK property: Manchester has the fastest rising prices

More research highlights the growth of Manchester’s property market, with no other city matching the levels of capital appreciation investors are achieving in the north-west. Summary: Manchester tops the latest index covering property price growth of the UK’s 20 largest cities Capital appreciation for the 12 months to the end of June 2018 came to… Read more »

Manchester property: First UK hotel from Japanese group planned

Manchester property: First UK hotel from Japanese group planned

Britain’s first Toyoko Inn has been earmarked for Manchester, with the brand hoping the site will appeal to the city’s “growing visitor numbers”, particularly those from the Far East. Summary: Toyoko Inn, one of Japan’s largest hotel groups, has chosen Manchester to open its first UK hotel The firm said it chose Manchester due to… Read more »

Kuwait stock market set for international upgrade?

Kuwait stock market set for international upgrade? Recent reforms and strong growth could see Kuwait be given ‘emerging market’ status, at a time when investor confidence is prompting an increased demand for overseas property.   Summary: Kuwait’s stock exchange could soon be upgraded to ‘emerging market’ status by global index compiler Morgan Stanley Capital International It would join the stock markets of... Read more »

Demand for Manchester property rising among GCC investors

Demand for Manchester property rising among GCC investors The north-west city is an investment hotspot firmly on the radar of buyers based in the UAE, Saudi Arabia and the wider GCC region, new research reveals. Summary: Manchester is the most popular UK city behind London for property investment among investors based in the GCC Over double the proportion of investors would choose to... Read more »

UK property: Manchester to have one of Europe’s finest civic spaces?

UK property: Manchester to have one of Europe's finest civic spaces?

New £13 million proposals will pedestrianise Albert Square, further underlining why many new property developments in the city are frequently being constructed without parking spaces. Summary: New images show Manchester City Council’s plans to pedestrianise Albert Square and around the city’s town hall Existing space will be extended by 20%, as the council aims to… Read more »

UK “natural partner” for Saudi Arabia privatisation

UK "natural partner" for Saudi Arabia privatisation Chairman of the London Stock Exchange Group heralds Britain as a "gateway and bridge" for reforms in the Kingdom, as new research reveals rising interest in UK real estate among investors in the country. Summary: The UK can provide a “gateway and a bridge” for international capital with increased Saudi Arabia privatisation Chairman of the... Read more »