Investors from the Gulf Cooperation Council (GCC) countries invested a total of $13 bn (EUR 9.7 bn) in global real estate in 2006, a rise of 14% on the previous year. According to the latest Jones Lang LaSalle’s Global Real Estate Capital Report, the US was the favourite investment target, accounting for over half of the $ 13 bn total. The UK was second favourite with $ 4 bn, followed by Germany and South Africa with $1 bn each. France and Sweden also saw heavy investment.
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