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To: CutePuppy

Well, it won’t be the Arabs....their oil money is dwindling. The Chinese will quickly move in and pick it up without a lot of bidders.


3 posted on 03/20/2016 10:54:35 PM PDT by pepsionice
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To: pepsionice

So many more reasons to diversify, especially for sovereign funds — "Investors from Qatar, Bahrain, Kuwait, Malaysia and Singapore, to name a few, have also proven willing to move outside their traditional comfort zones in trophy office properties and into the U.S. hotel sector." ...

That said, Chinese have been very active of late in the trophy real-estate acquisitions and, [even] with their own markets crashing, have more than enough interest in diversification and yuans to outbid anybody.

5 posted on 03/20/2016 11:24:06 PM PDT by CutePuppy (If you don't ask the right questions you may not get the right answers)
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