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The Brexit Effect

| forbes middle east | 1 august 2016

PA’s Richie Santosdiaz, global trade and investment expert, is quoted in an article about investors in the Gulf looking to invest in the UK’s real estate market.

The article explains that now, because of Brexit, investors around the world are wondering what the future holds for bonds between the UK and the rest of the world. The question that this article tries to answer is what is likely to happen to the real estate relationship between the UK and the Gulf.

Richie explains: “The UK has offered many in the Gulf a stable and solid location for investment opportunities, particularly in the luxury real estate market. London has remained an attractive recipient of investment from the Gulf in various forms.”

Richie goes on to say: “The UK is a major investor of FDI in the region, with a wide range of British companies historically in oil and gas, but also in other sectors such as retail and hospitality.

“These include investments from the Intercontinental Hotel Group, John Lewis Partnership and Whitbread.”






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