Middle East Investors Raise Bets on New York Real Estate |
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If you had $1m to invest into real estate, which city would you choose? |
New York |
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33% |
[ 2 ] |
Los Angeles |
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0% |
[ 0 ] |
Washington |
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50% |
[ 3 ] |
Atlanta |
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16% |
[ 1 ] |
Miami |
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0% |
[ 0 ] |
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Total Votes : 6 |
DeepThinker
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Middle East Investors Raise Bets on New York Real Estate |
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Middle Eastern investors stepped up purchases of U.S. commercial real estate, with New York City the top destination in both the country and the world for the 18 months through June. Economic growth and favorable exchange rates combined to make the U.S. appealing, particularly for sovereign-wealth funds, according to CBRE Group Inc. Among the US$6.5 billion of New York deals was Qatar Investment Authority’s purchase of a stake in the Manhattan West development, and, following the period CBRE studied, the authority paid US$622 million for 9.9 percent of the company that owns the Empire State Building.
http://www.bloomberg.com/news/articles/2016-09-05/middle-east-investors-raise-bets-on-new-york-real-estate-chart
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Tue Sep 06, 2016 3:36 pm |
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floyd
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Cash: $ 0.40
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Joined: 20 Oct 2016
Location: facebook |
ira/401 etc |
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how to use retirement 401s for restate
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Thu Oct 20, 2016 8:41 pm |
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