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Middle East Investors Raise Bets on New York Real Estate

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Money Talk > Money Watch

If you had $1m to invest into real estate, which city would you choose?
New York
33%
 33%  [ 2 ]
Los Angeles
0%
 0%  [ 0 ]
Washington
50%
 50%  [ 3 ]
Atlanta
16%
 16%  [ 1 ]
Miami
0%
 0%  [ 0 ]
Total Votes : 6

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DeepThinker
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Middle East Investors Raise Bets on New York Real Estate  Reply with quote  

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

Post Tue Sep 06, 2016 3:36 pm
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payment proof
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Everyone wants an NYC apartment. Smile

See Proof. You can make free money online.
Post Wed Sep 14, 2016 1:34 am
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floyd
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ira/401 etc  Reply with quote  

how to use retirement 401s for restate
Post Thu Oct 20, 2016 8:41 pm
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