The Kuwaiti Al Massar Exhibition Company issued a report indicating that the Kuwaiti international real estate investments has increased by 22% this year. The company defined the 9 largest destinations for Kuwaiti real estate investments in its report.
The 9 most attractive countries mentioned by the report are: Britain, Turkey, Bosnia, Lebanon, Oman, U.A.E, KSA, U.S.A and Jordan.
Al Massar general manager, Saoud Abd El Aziz Murad, mentioned during a conference held by the company about the most attractive real estate market that Kuwaiti properties investors are fleeing Kuwait due to the shrinking liable lands, as the Kuwaiti government hold massive areas of lands for military and petrol causes.
Murad mentioned also that some countries have benefitted from the latter turbulent political situations in the Middle East or what’s so called the Arab Spring like Britain and Turkey which witnessed a high rise in real estate prices supported by Arabs and Khalijis purchases.
Dubai is considered also one of the central investments attraction centers due to its political and economical stability. Dubai came first on regional level in real estate transparency rating in 2012.