UAE real estate investors refocus on New York deals as Covid rules ease – ArabianBusiness
- Date: 24-Dec-2021
- Source: Arabian Business
- Sector:Real Estate
- Country:UAE
UAE real estate investors refocus on New York deals as Covid rules ease – ArabianBusiness
An uptick in direct enquiries from UAE-based real estate investors looking to purchase in New York is being seen as the city reverses the urban exodus experienced at the start of the Covid-19 pandemic.
According to Knight Frank, the increase in enquiries is particularly focused on prime Midtown.
The number of Manhattan properties which saw contracts signed in October has risen by more than 43 percent to 1,203 compared to the same month in 2020.
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