UK Real Estate Developer Offers Advice to GCC Investors in London
A study conducted by Barratt London has pinpointed crucial considerations for GCC investors in the London real estate market and emphasized on the importance of transport connections and access to green areas.
2 min
In a study carried out by Barratt London and executed by YouGov, involving a survey of 1,000 adults, key considerations for selecting a property location in London were uncovered, offering essential advice for GCC investors looking at the UK’s capital for real estate opportunities.
The research highlighted the significance of being near London’s comprehensive transport network as a primary concern for all age groups, followed by the necessity of easy access to local amenities. This includes proximity to shops, leisure centers, and dining establishments, with 64 percent of participants stressing this point.
Investment Insights for GCC Buyers in London
Accessibility to parks and natural environments was also a high priority, with half of the respondents deeming it a vital consideration.
Opinions were split regarding the preferred zones within London, with Zone 3 being the most popular (14 percent), closely followed by Zone 2 (13 percent), and then Zone 5 (11 percent).
Notably, the survey indicated a connection between age and preferred location, with individuals aged 18-44 favoring Zones 2 and 3. In contrast, the 45+ age group showed a preference for Zones 4 and 5, offering a quieter environment away from the city’s central areas.
Stuart Leslie, Barratt London’s International Sales and Marketing Director, commented on the findings, underlining the adventurous nature of investing in foreign real estate markets. He pointed out that the survey reveals critical considerations that are essential for GCC investors embarking on the London real estate market. Amond these considerations are the accessibility to transportation links, the convenience of local amenities, and the presence of green spaces, all of which are pivotal for making informed investment decisions in the capital’s property market.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
Dar Global strengthens ongoing relationship with the Trump organization
2 min
Dar Global, an international luxury real estate developer, and The Trump Organization, known for its prestigious properties and iconic developments worldwide, have announced plans for a new project in Jeddah, Saudi Arabia.
This agreement builds on the successful Trump International Oman project within the AIDA development, one of the largest premium mixed-use real estate ventures globally, which has already garnered significant acclaim.
Aimed at the luxury Saudi Arabian market and international investors, this development advances Dar Global’s strategy of capitalizing on opportunities in key Saudi cities. As the international arm of Saudi mega-developer Dar Al Arkan, this project marks Dar Global’s debut in Jeddah and will enhance its real estate portfolio in the country. Listed on the London Stock Exchange, Dar Global currently has US$5.9 billion worth of projects in development across six countries: the UAE, Oman, Qatar, the UK, Spain, and Bosnia.
Ziad El Chaar, CEO of Dar Global, commented: “We are delighted to strengthen our ongoing relationship with The Trump Organization and expand our portfolio by delivering premium properties to redefine Saudi Arabia’s high-growth real estate market. The new agreement in Saudi Arabia will leverage the strengths of both organizations to attract more international investors and vacationers. This collaboration underscores our commitment to grow our footprint by elevating the standards of luxury living in the region.”
Eric Trump, Executive Vice President of The Trump Organization, said: “We are thrilled to expand our footprint in the Middle East and bring the Trump standard of luxury to the region through our long-standing relationship with Dar Global. This collaboration embodies our shared vision of creating landmark developments that exude luxury, quality, and sophistication. Together with Dar Global, we are setting new benchmarks for excellence, aiming to meet the demand for iconic properties in key markets.”
Dar Global PLC is a highly differentiated international real estate business, primarily focusing on developing second homes for internationally mobile customers in desirable locations across the Gulf Cooperation Council (GCC) and Europe, including downtown Dubai, Muscat in Oman, and the Costa del Sol region in Southern Spain.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
